City of Toronto lawyers are making progress trying to collect hundreds of thousands of dollars owed by developers for community benefits after a city councillor and the Star reached out to the debtors. “I’m not going to opine on whether or not (city staff) tried hard enough to collect,” he said. The update was triggered by a 2011 auditor general report urging city staff to do more to collect the revenue. A new report that went to city council on Tuesday confirmed Herczeg is working with city staff to pay the debt, as is the firm that built 2388-2398 Lake Shore Blvd. The biggest debtor, Torbel Group, has not responded to any city inquiries over its unpaid community benefits bills of $180,000 for 695-717 Sheppard Ave. W. and $218,000 for 758-764 Sheppard Ave. W., the city report states.

Source: thestar November 04, 2019 09:56 UTC