ProjectEnd
Superstar
There's is absolutely no acknowledgement of title or deed by the City accepting an application, not least that it's not their competence to begin with. Accepting an application means it gets in the front door for consideration, nothing more.
Exactly, albeit I suspect the OMB even has no competence in the matter either. Before anything legal can move forward, the title to the land has to be examined, and the Parliament of Canada, as ruled by the Supreme Court on at least one massive case, retains all rights and power over the USRC (formerly referred to as The Esplanade Agreement).
It might take an application to the OMB to cue the Feds to step in with an injunction, and that just might be the start of some sobriety on the whole affair. Since it's known as fact to some of us that there are MPs in the Cabinet looking into this, one can only assume the next significant move is theirs. It may be a few months yet until there's even close to a definitive word on this. If the Feds claim as is their right, there will be a slew of court cases on previous transactions that were never legal to begin with. This is going to be complex. Even the City of Toronto may have acted illegally in selling some plots already, but I digress until word comes down from on high.
A little known fact is that you do not in fact need proof of ownership to file an application to rezone. You can rezone your neighbours property if you really want to. Will it end up happening? likely not. Doesn't mean that the city can't accept your application.
This "loophole" is in place to allow potential purchasers to handle rezoning if it is a condition of sale. Since the sale won't close until they rezone, they don't "own" the property, even though they are handling the rezoning.
This also means that if ORCA is willing to pay for a property that they may not own, then that is their prerogative.
Anyone with access to Teranet could do a simple title search and see if ORCA owns this. I suspect they don't.
Regardless, even if they do, The city always has expropriation rights. This is also worth a whole lot less than ORCA is making it out to be. the financial feasibility of bridging the tracks means that the land itself probably needs to be near worthless to work financially.
Ish. While you don't have to prove title or deed in an application, knowing who the registered owner is a required piece of the application (see below form).
https://www1.toronto.ca/City Of Tor...tion Forms/2017/Development-Approval-0008.pdf
This is not to say that one couldn't do a simple title search and find out who it was, but simply that anyone in business wouldn't do that without there being some sort of end-game. Why waste money on the fees, consultants, time, etc. required to put together an application if you won't see an ROI on that initial investment? It doesn't make sense.
Furthermore, a simple Teranet search isn't going to yield much since what we're dealing with here isn't the ownership of the land (which is held by TTR), but the air-rights above it.