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HomeMy WebLinkAboutCRPS-07-126 - Confidentiality Agreement - CDI Tenancy - 44 Gaukel St ) I(mclm::>R Services Report To: Date of Meeting: Submitted By: Prepared By: Mayor Zehr and Members of Council September 17, 2007 Lesley MacDonald, Director of legal Services and City Solicitor (Ext. # 2267) Lesley MacDonald, Director of legal Services and City Solicitor Ward 6 Ward(s) Involved: Date of Report: Report No.: September 13, 2007 CRPS -07- 126 Subject: CONFIDENTIALITY AGREEMENT. - CDI TENANCY 44 GAUKEl STREET RECOMMENDATION: That the Mayor and Clerk be authorized to execute a Confidentiality Agreement with CDI Career Development Institutes Ltd. and/or its affiliates, the operator of the CDI College, for the exchange of confidential information including financial and commercial information as part of the ongoing negotiations with respect to their tenancy; said agreement to be to the satisfaction of the City Solicitor. BACKGROUND: Staff is currently in discussions with CDI Career Development Institutes Ltd. regarding their tenancy at 44 Gaukel Street. REPORT: In order for staff to have a complete discussion surrounding issues relating to their tenancy, the exchange of confidential information including financial and commercial information is necessary and accordingly the purpose of this agreement is to establish the terms under which the information will be provided. FINANCIAL IMPLICATIONS: None in regards to the execution of this agreement. N/A 2 CONCLUSION: The execution of this agreement provides assurances to the parties that business information will be protected and evidence that the City has an obligation to protect certain information in accordance with the Municipal Freedom of Information and Protection of Privacy Act. Lesley MacDonald Director of Legal Services and City Solicitor