Toronto Parking Authority appoints interim president amid land deal investigation
Salma Ibrahim | CBC News | Posted: July 11, 2017 12:18 AM | Last Updated: July 11, 2017
Andy Koropeski, current vice-president of operations, takes over while the investigation is conducted
An interim board overseeing the Toronto Parking Authority (TPA) appointed an interim president Monday at its first meeting since city council voted to suspend TPA board members over a questionable land deal.
- City council votes to sideline parking authority board during probe into pricey land deal
- Toronto Parking Authority nixes pricey land purchase, but councillors still concerned
Andy Koropeski, vice-president of operations for the TPA, is filling in as president while an independent investigation is underway.
A report by Toronto's auditor general, Beverly Romeo-Beehler, found that the parking authority almost spent $2.5 million more than it needed to on a deal for a piece of land near Finch Avenue West and Highway 400, because they relied on information provided by a lobbyist and a consultant rather than independent experts.
In the meantime, a committee consisting of City Manager Peter Wallace, Deputy City Manager Giuliana Carbone and Chief Corporate Officer Josie Scioli is overseeing the group.