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August 1, 2001
City disappointed by Toronto Port Authority action
Toronto Councillor Joe Pantalone said he was "surprised and very disappointed"
by the decision of the Toronto Port Authority (TPA) today to file a notice of
action regarding waterfront lands transferred to the City over six years ago.

Mr. Pantalone, the chair of the Toronto Waterfront Reference Group, said," This
action by a federal agency comes as a shock. The City, the Province and the
federal government have been working hard, as equal partners, to get waterfront
development going. This action is a clear breach of the spirit of co-operation
and throws a roadblock in the path of our joint waterfront plans."

The City has been in negotiations with TPA to resolve the agency's concerns
about the transfer of lands from TPA's predecessor, the Toronto Harbour
Commission (THC), to the City and its economic development agency TEDCO.

Said Councillor Pantalone, "The THC restructuring and the land transfer were
both open and transparent transactions that were agreed to by all parties. I
think that further negotiations can address TPA's concerns about funding."

Acting CAO Shirley Hoy said, "We've had meetings with the TPA and a process had
been established to resolve the issues. Staff are assigned and ready to go to
find a satisfactory resolution."

The action by the Authority follows the approval by Toronto City Council of the
appointment of Robert Fung as the Chair of the Toronto Waterfront
Revitalization Corporation at its July session. Mr. Fung's appointment was
unanimously approved by all three governments involved in the waterfront

Said Councillor Pantalone, "Mr. Fung's appointment was a positive step and it
makes this action by the Authority all the more disheartening."

Media Contacts:
Councillor Joe Pantalone
Shirley Hoy
Acting Chief Administrative Officer

Media Contact
Access Toronto



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