Industrial Malls (Re), 2016 CanLII 40916

Assessment Review Board

Commission de révision de l’évaluation foncière

ISSUE DATE:

June 30, 2016

FILE NO.:

DM 141142

Moving Party(ies):

Conundrum Industrial Property Fund, Cabot II-GM1M01 & M02 GPLIM, Febau (Canada) Limited, Melford Developments Inc., Dundee Realty Management Corporation, RT Eleventh Pension Properties Ltd., RT Twenty-Eight Pension Properties Ltd., GPM Real Property (10) Ltd., OPB Realty Inc., London Life Insurance Company, 2725312 Canada Inc., Bentall Real Estate Services, BCIMC Realty Corporation, AMB Annagem Canco Inc., The Great-West Life Assurance Company, Kenderry Business Park (ARI) Ltd., Spruce Peak Investments Inc., Sreit (Malton) Ltd., Matheson Properties Ltd., 517727 Ontario Inc., Menkes Developments Inc., Desjardins Financial Security, Concert Properties Ltd., 1438442 Ontario Limited, OPTrust East Industrial Inc., Churchill 403 Business Campus GP Inc., Investors Group Trust, Sun Life Assurance Company, 42 Wentworth Inc., 951918 Ontario Inc., PFS GTA Industrial Inc., 211 Wilkinson Inc. Trustee, 1794280 Ontario Limited, Lamenza Investments Corporation, 1112396 Ontario Limited, Esdeb Construction, Newvest Realty Group, The Standard Life Assurance Company Of Canada, Wicklow Holdings Limited, Marin Huston Land Corporation, Acapella Land Corporation, 510 Deerhurst Inc., Prombank Investment Limited, Primestone Developments Inc., Marble Point Properties Inc., And Northspring Properties Inc., Alliance Rocklife Limited, Evral Properties Limited, Acama Investments Inc., Roland Real Estate Limited, United Rentals of Canada Inc., Sreit (Quest Marwood) Ltd., Frank Lon Properties Limited, OPTrust East Industrial Inc., Kennedy-Coopers Complex Inc., Dir Properties (GP) Inc., Mason Investments Ltd., 2331777 Ontario Ltd., Sreit (America) Ltd., The Hamtor Group Inc., Anita Ekstein Holdings Limited, Stack Investments Limited, Carlro Holdings Limited, Kamato Holdings Limited, 1331897 Ontario Limited, 1092451 Ontario Inc., AGC America Inc., And Novaho Realty Limited

Respondent(s):

Municipal Property Assessment Corporation (“MPAC”), Region 15

Respondent(s):

City of Brampton, City of Burlington, City of Mississauga and Town of Oakville

Property Location(s):

See Schedule A

Municipality(ies):

City of Brampton, City of Burlington, City of Mississauga and Town of Oakville

Roll Number(s):

See Schedule A

Appeal Number(s):

See Schedule A

Taxation Year(s):

2013, 2014, 2015 and 2016

Hearing Event No.:

634264

Legislative Authority:

Sections 34 and 40 of the Assessment Act, R.S.O. 1990, c. A.31, as amended

ARB Case Name:

Industrial Malls (Re)

Heard:

June 22, 2016 by telephone conference call

APPEARANCES:

Parties

Counsel⁺/Representative

See Schedule A

Peter Milligan⁺ and Jamie Walker⁺

MPAC

Frank Shea⁺, Jennifer Barlow⁺ and John Scherer

City of Brampton

Aida Karreman

City of Burlington

Paul Lacelle

City of Mississauga

Sandra Turnbull

Town of Oakville

Mark Cheyne

MEMORANDUM OF ORAL DISPOSITION DELIVERED BY JOSEPH WYGER ON JUNE 22, 2016

DISPOSITION OF MOTION

ORDER

1Upon hearing the submissions of counsel or representatives for the Appellants/Moving Parties, the Respondents, MPAC, the municipalities and no other parties appearing although validly served, it is hereby ordered that:

MPAC shall produce to legal counsel and consultants for the Appellants/Moving Parties within twenty (20) days of the date of receiving executed Undertakings of Non-Disclosure from legal counsel and consultants for the Appellants/Moving Parties:

(a) all of the relevant information used in the preparation of MPAC’s Industrial Mall Capitalization Rate Study, including the redacted income and expense information listed in columns 9 to 17, which is attached as Schedule “C”, with respect to its valuation and assessment of the following properties:

Municipal Address

Roll No.

2875-2915 Argentia Road

2105 040 098 05060 0000

5554-5586 Tomken Road

2105 040 116 21880 0000

170 Ambassador Drive

2105 040 117 09034 0000

171 Ambassador Drive

2105 040 117 09038 0000

425-445 Admiral Boulevard

2105 040 117 09404 0000

375-385 Admiral Boulevard

2105 040 117 09408 0000

335 Admiral Boulevard

2105 040 117 09412 0000

2820-2848 Slough Street

2105 050 115 09510 0000

7560 Airport Road

2105 050 115 10460 0000

1575-1601 Sismet Road

2105 050 115 21302 0000

1200 Aerowood Drive

2105 050 116 01655 0000

5200 Dixie Road

2105 050 116 16800 0000

1075 Westport Crescent

2105 050 116 43100 0000

6150-6200 Dixie Road

2105 050 116 45440 0000

4020 Sladeview Crescent

2105 150 010 00118 0000

250 Chrysler Drive

2110 100 025 00428 0000

292-294 Walker Drive

2110 100 025 27240 0000

1625 Steeles Avenue East

2110 150 118 03930 0000

2140 Winston Park Drive

2401 010 010 07520 0000

355 Wyecroft Road

2401 030 260 04601 0000

886 Winston Churchill Boulevard

2401 040 210 16402 0000

1800 Appleby Line

2402 090 904 03803 0000

750 Darlene Court

2402 090 905 18060 0000

Legal counsel and consultants for the Appellants/Moving Parties are to execute and deliver Undertakings of Non-Disclosure in the forms attached as Schedule “B” to legal counsel for MPAC prior to the release of the above-described information.

“Joseph Wyger”

JOSEPH WYGER

MEMBER

Assessment Review Board

A constituent tribunal of Environment and Land Tribunals Ontario

Website: www.elto.gov.on.ca Telephone: 416-212-6349 Toll Free: 1-866-448-2248

SCHEDULE “A”

Property

Roll Number

Appeal Nos.

570 600 Orwell Street

2105 010 060 08610 0000

2961842, 3006585, 3083959, 3151665

2410 Tedlo Street

2105 010 060 08639 0000

2961853, 3006584, 3083980, 3151899

2301 2311 Royal Windsor Drive

2105 020 025 09310 0000

2962744, 3033496, 3084786, 3154468

2630 2650 Royal Windsor Drive

2105 020 025 10600 0000

2962756, 3033855, 3085185, 3152734

1575 South Gateway Road

2105 030 092 21800 0000

2961923, 3032400, 3083961, 3154466

6581 Kitimat Road

2105 040 097 25400 0000

2963996, 3033835, 3086410, 3152476

6535 Millcreek Drive

2105 040 097 28000 0000

2962077, 3032396, 3083337, 3153662

2330 2333 Millrace Court

2105 040 097 34600 0000

2962044, 3031117, 3084784, 3153511

2283 Argentia Road

2105 040 097 34728 0000

2961985, 3006582, 3083975, 3153927

2790 2850 Argentia Road

2105 040 098 05080 0000

2963133, 3031385, 3086412, 3151796

2800 2810 Argentia Road

2105 040 098 05085 0000

2963134, 3032401, 3083339, 3151793

2880 2900 Argentia Road

2105 040 098 05100 0000

2963139, 3007525, 3083976, 3153663

6990 Creditview Road

2105 040 098 22108 0000

2963479, 3031121, 3087204, 3151794

6975 Creditview Road

2105 040 098 22200 0000

3033854, 2963483, 2915421, 2682110, 2354966, 2574264, 2574265, 2033901, 2574262, 2574263, 2574260, 2574261

150 Courtneypark Road West

2105 040 099 56200 0000

3152735, 3086413, 3031747, 2963494

6430 Kennedy Road

2105 040 117 03900 0000

3154469, 3086396, 3031116, 2962312

151 191 Superior Boulevard

2105 040 117 09258 0000

3152039, 3086403, 3006570, 2963680

335 425 Superior Boulevard

2105 040 117 09300 0000

3153661, 3083969, 3033840, 2963686

425 445 Admiral Boulevard

2105 040 117 09404 0000

3152733, 3086404, 3033841, 2965025

375 385 Admiral Boulevard

2105 040 117 09408 0000

3151790, 3084793, 3033492, 2965027

335 Admiral Boulevard

2105 040 117 09412 0000

3154608, 3086405, 3031108, 2965035

408 418 Gibraltar Drive

2105 040 117 09512 0000

3153524, 3086442, 3031107, 2965038

7505 7535 Bath Road

2105 050 115 10400 0000

3033495, 3037282, 2962433

7502 7526 Bath Road

2105 050 115 11110 0000

3152872, 3085228, 3031387, 2962466, 2962475

7490 7500 Bath Road

2105 050 115 11120 0000

3152360, 3085862, 3007536, 2962476, 2962484

1350 1380 Matheson Boulevard East

2105 050 115 19800 0000

3151752, 3084798, 3031733, 2963940

1590 Matheson Boulevard East

2105 050 115 20310 0000

3154058, 3083981, 3031731, 2999223

5938 5942 Ambler Drive

2105 050 116 20440 0000

3154059, 3085229, 3033486, 2965653

1815 1835 Meyerside Drive

2105 050 116 31520 0000

3153606, 3087201, 3007530, 2961373

1775 1795 Meyerside Drive

2105 050 116 31540 0000

3151985, 3082588, 3006580, 2961374

1715 1745 Meyerside Drive

2105 050 116 31560 0000

3154558, 3082747, 3031115, 2961375

6345 6365 Netherhart Road

2105 050 116 32400 0000

3154125, 3083336, 3032391, 2961381

1645 1775 Bonhill Road

2105 050 116 35000 0000

3152433, 3084796, 3033845, 2961385

1600 Courtneypark Drive East

2105 050 116 36050 0000

3152434, 3084799, 3031741, 2961387

6150 6200 Dixie Road

2105 050 116 45440 0000

3153883, 3085186, 3031102, 2965684, 1989114, 1927433, 1861559

6625 6705 Tomken Road

2105 050 116 67400 0000

3154470, 3087185, 3031119, 2961566

1585 Britannia Road East

2105 050 117 12570 0000

3154561, 3083335, 3033834, 2965708

3909 3939 Nashua Drive

2105 050 117 27180 0000

3151753, 3084795, 3006574, 2962774

4100 4120 Sladeview Crescent

2105 150 010 00108 0000

3151795, 3085187, 3031384, 2961665

4080 4090 Sladeview Crescent

2105 150 010 00114 0000

3154180, 3083974, 3006581, 2961667

4020 Sladeview Crescent

2105 150 010 00118 0000

3151792, 3083338, 3032398, 2961688

4120 Ridgeway Drive

2105 150 010 00144 0000

3151984, 3084797, 3033849, 2961699

4090 Ridgeway Drive

2105 150 010 00150 0000

3153882, 3082591, 3032395, 2961701

3995 4055 Sladeview Drive

2105 150 010 00158 0000

3153879, 3087203, 3031114, 2961703

3750a 3770 Laird Road

2105 150 010 00863 0000

3033502, 2961710

3400 3450 Ridgeway Drive

2105 150 010 00864 0000

3153607, 3085184, 3033848, 2961712

3530 Laird Road

2105 150 084 00170 0000

3152347, 3083960, 3007528, 2961736

3470 3490 Laird Road

2105 150 084 00200 0000

3154054, 3083963, 3033499, 2961739

3425 Laird Road

2105 150 084 02100 0000

3153608, 3085218, 3031113, 2961747

3250 Ridgeway Drive

2105 150 084 02580 0000

3152582, 3087183, 3033844, 2961749

3200 Ridgeway Drive

2105 150 084 02590 0000

3154471, 3087186, 3033497, 2961750

3176 3190 Ridgeway Drive

2105 150 084 02600 0000

3153510, 3082734, 3033843, 2961751

3150 3170 Ridgeway Drive

2105 150 084 02700 0000

3154467, 3082579, 3031739, 2961752

2150 Steeles Avenue East

2110 100 025 05900 0000

3153676, 3084998, 3032313, 2961897

845 Intermodal Drive

2110 120 002 08260 0000

3154630, 3086755, 3033355, 3041609

42 Wentworth Court

2110 120 002 09432 0000

3152164, 3086763, 3033353, 2964976

187 Deerhurst Drive

2110 120 002 09434 0000

3086649, 3032312, 2964979

7525 7535 Financial Drive

2110 140 097 06604 0000

3152492, 3085421, 3032314, 2963061

3925 Steeles Avenue East

2110 150 107 13625 0000

3154629, 3083587, 3007119, 2963071

7900 Goreway Drive

2110 150 113 05000 0000

3154198, 3084178, 3007118, 2963073

211 Wilkinson Road

2110 150 116 20108 0000

3154234, 3082944, 3008285, 2998177

2189 Speers Road

2401 020 280 14354 0000

3153178, 3086872, 3032815, 2965339

3245 Harvester Road

2402 050 521 01100 0000

3151572, 3084380, 3006848, 2962514

3250 Harvester Road

2402 050 521 02137 0000

3006845, 2962533, 2984785

3400 Landmark Road

2402 090 903 41300 0000

3153041, 3083175, 3006847, 2962571

4361 Harvester Road

2402 090 909 01913 0000

3154364, 3084604, 3007357, 2962597

6981 Milcreek Drive

2105 040 098 22301 0000

2952047, 3007545, 3087296, 3152465

6141 Atlantic Drive

2105 050 116 05140 0000

2952192, 3032411, 3082869, 3154167

2875-2915 Argentia Road

2105 040 098 05060 0000

2963132, 3006586, 3086408, 3151990

4190 Sladeview Crescent

2105 150 010 00102 0000

2961661, 3033503, 3085219, 3154563

3135 Unity Drive

2105 150 010 10780 0000

2961728, 3033500, 3082765, 3153921

3165 Unity Drive

2105 150 010 10790 0000

2961733, 3007529, 3082615, 3153656

173 Glidden Road

2110 020 021 17500 0000

2945750, 3030943, 3084151, 3154852

8050 Torbram Road

2110 100 025 12520 0000

2948909, 3033344, 3084152, 3152087

9446 McLaughlin Road North

2110 040 034 02790 0000

2953504, 3033156, 3086080, 3153742

80 Westcreek Drive

2110 150 116 19796 0000

2953502, 3007037, 3086665, 3153324

510 Deerhurst Drive

2110 120 002 09492 0000

2942659, 3007125, 3083613, 3153140

2300 Tedlo Street

2105 010 060 08650 0000

2956366, 3031389, 3084053, 3152437

1250-1300 Eglinton Avenue East

2105 030 094 18700 0000

2956358, 3031893, 3084052, 3154129

1510 Drew Road

2105 050 115 26400 0000

2950867, 3031396, 3084054, 3152671

5250 Satellite Drive

2105 050 115 64007 0000

2950864, 3031399, 3086515, 3152940

170 Wilkinson Road

2110 150 116 20703 0000

2950868, 3007123, 3086606, 3152098

160 Wilkinson Road

2110 150 116 20704 0000

2950862; 3007124; 3085391; 3153699

7079-89 Torbram Road

2105 050 115 14205 0000

2952049

7093 Torbram Road

2105 050 117 22750 0000

2952048

7079-89-93 Torbram Road

2105 050 115 14215 0000

3153926, 3118027, 3117833

2465-2495 Tedlo Street

2105 010 060 08621 0000

2961850, 3033852, 3083316, 3154047

3200-3240 Wharton Way

2105 030 069 06200 0000

2963737, 3031103, 3086348, 3151865

4700-4900 Dixie Road

2105 030 094 19100 0000

2961938, 3006583, 3085795, 3153562

1840 Argentia Road

2105 040 097 24610 0000

2962895, 3006588, 3082522, 3152315

6665-6685 Millcreek Drive

2105 040 097 28500 0000

2962900, 3031109, 3082553, 3151707

6715-6725 Millcreek Drive

2105 040 097 28520 0000

2962904, 3032390, 3086411, 3154491

2650 Meadowvale Boulevard

2105 040 098 02562 0000

2963802, 3033838, 3082602, 3153481

2825-2865 Argentia Road

2105 040 098 05020 0000

2963105, 3032402, 3085183, 3152611

2790 Argentia Road

2105 040 098 05090 0000

2963136, 3006524, 3082683, 3151633

6975 Creditview Road

2105 040 098 22205 0000

3094552, 3153565

903-951 Matheson Boulevard East

2105 040 116 22250 0000

2964738, 3033483, 3083340, 3152685

991 Matheson Boulevard East

2105 040 116 22310 0000

2963544, 3006572, 3084114, 3152603

5370-5380 Timberlea Boulevard

2105 040 116 22902 0000

2964761, 3033833, 3082590, 3154562

100

7490 Pacific Circle

2105 040 116 29870 0000

2962199, 3007524, 3085835, 3153533

101

6685 Pacific Circle

2105 040 116 30050 0000

2964876, 3031376, 3082686, 3152560

102

5757 Kennedy Road

2105 040 116 35190 0000

3094544, 3152321

103

5825-5905 Coopers Avenue

2105 040 116 35610 0000

2962244, 3002265, 3083493, 3152575

104

5716-5805 Coopers Avenue

2105 040 116 35616 0000

3002263, 3084093, 3154508

105

6221 Kennedy Road

2105 040 117 01410 0000

2962297, 3031810, 3083923, 3152907

106

6460 Kennedy Road

2105 040 117 03400 0000

2962303, 3031743, 3082723, 3151653

107

6150 Kennedy Road

2105 040 117 04100 0000

2963663, 3031106, 3082741, 3152706

108

6905 Kenderry Gate

2105 040 117 09520 0000

2963703, 3031104, 3085844, 3152669

109

6275-6305 Northam Drive

2105 050 108 01800 0000

2963807, 3031734, 3082569, 3152337

110

3395-3415 American Drive

2105 050 108 01801 0000

2963809, 3032386, 3084758, 3151708

111

2798 Thamesgate Drive

2105 050 115 10450 0000

3162634

112

7560 Airport Road

2105 050 115 10460 0000

3153486

113

2579-2599 Rena Road

2105 050 115 11800 0000

2962529, 3032393, 3082684, 3151859

114

1200 Aimco Boulevard

2105 050 116 02140 0000

2965517, 3033487, 3087134, 3154027

115

6915 Dixie Road

2105 050 116 09500 0000

3031375, 3087159, 3153563

116

5949-5969 Ambler Drive

2105 050 116 20250 0000

2962685, 3031120, 3085863, 3151901

117

5700 Ambler Drive

2105 050 116 20610 0000

2962690, 3032403, 3083376, 3153523

118

1040 Raonsa Court

2105 050 116 21100 0000

2962695, 3006589, 3086441, 3151900

119

1865 Meyerside Drive

2105 050 116 31500 0000

2961371, 3031742, 3087205, 3151684

120

1535 Meyerside Drive 1 20

2105 050 116 31600 0000

2961380, 3006577, 3082587, 3152368

121

1545-1565 Britannia Road East

2105 050 117 12580 0000

2962739, 3006575, 3083930, 3152644

123

4085 Sladeview Crescent

2105 150 010 00130 0000

2961693, 3032397, 3085843, 3151991

124

4161-4181 Sladeview Crescent

2105 150 010 00140 0000

2961694, 3031744, 3085826, 3154492

125

Laird Road

2105 150 010 00875 0000

3094519, 3153564

126

3600-3620 Laird Road

2105 150 010 01865 0000

2961715, 3033501, 3084800, 3154070

127

3550-3580 Laird Road

2105 150 010 01875 0000

2961720, 3032394, 3082744, 3154490

128

3345 Laird Road

2105 150 084 01900 0000

2961743, 3006576, 3082521, 3151630

129

3375 Laird Road

2105 150 084 02000 0000

2961745, 3031740, 3085845, 3153868

130

3495 Laird Road

2105 150 084 02300 0000

2961748, 3033498, 3086428, 3151735

131

255 Rutherford Road South

2110 020 021 14910 0000

2965908, 3007120, 3084194, 3152495

132

8005-8045 Dixie Road

2110 090 014 11400 0000

2961844, 3007034, 3086056, 3154220

133

2-8 Kenview Boulevard

2110 150 107 13590 0000

2962012, 3007022, 3086042, 3154747

134

2679-2771 Bristol Circle

2401 010 010 01701 0000

2979570, 2962469, 3032201, 3083113, 3152208

135

2815-2831 Bristol Circle

2401 010 010 01750 0000

2962473, 3008065, 3085565, 3152209

136

2870-2910 Brighton Road

2401 010 010 02670 0000

2962485, 3033043, 3086873, 3154951

137

25-35 Brownridge Road

2415 090 100 11180 0000

3113144, 3113160, 3152279

138

3250 Harvester Road

2402 050 521 02163 0000

3154819, 3094481

139

25-35 Brownridge Road

2415 090 100 11159 0000

3094468

SCHEDULE “B” UNDERTAKING OF NON-DISCLOSURE (COUNSEL)

I, ______________________, of the City of Toronto, lawyer with the law firm of Miller Thomson LLP, legal counsel the Appellants in these proceedings, undertake that I will not disclose to any person, except as noted herein, confidential information (ie. information contemplated by section 53 of the Assessment Act, R.S.O. 1990, c.A.31, as amended, which includes actual income and expense information obtained by MPAC), supplied by MPAC. Such information may be disclosed only to other solicitors with this firm, paralegals, consultants or valuators, who have executed the same form as this undertaking and delivered an original executed copy of same to counsel for MPAC, and are engaged for purposes of consultation and preparation for the hearing in this matter. This undertaking does not extend to disclosure of such information or part thereof if, prior to its disclosure by MPAC, such information was in my possession, custody, or control as a result of my own independent investigations.

Information provided by MPAC shall not be reproduced or copied in whole or in part in any manner (including electronically) except as is strictly necessary to comply with the Rules of Civil Procedure, the ARB's Rules of Practice and Procedure, or an order of the Court or of the ARB. In no circumstances shall confidential information be transmitted by way of the Internet. All confidential information, including reproductions or copies, shall be returned to MPAC at the conclusion of the proceedings. Any confidential information that is stored electronically shall be erased and written confirmation of the erasure shall be provided to MPAC at the conclusion of these proceedings.

The information provided by MPAC may be entered on a computer disk. Such information placed on a computer disk shall remain on the computer disk and not be transferred or copied onto a computer hard drive, computer network or computer disk. The computer disk shall remain in the exclusive possession of the person executing the non-disclosure undertaking in a secure location. The computer disk shall be erased and written confirmation of the erasure shall be provided to MPAC at the conclusion of these proceedings.

I acknowledge that, subject to any Order of the ARB or a Court, it is the intention of the parties to these proceedings, that reference to or disclosure or production of the confidential information in the course of these proceedings, or any application for leave to appeal or appeal proceedings, will be done in such a manner as will preclude disclosure of the confidential information to any person, other than counsel, consultants and experts acting for the parties and the presiding members of the ARB or the Court.

For greater clarity, none of the confidential information produced by MPAC can be provided to the Appellants in these proceedings, only to its counsel, consultants and valuators who have executed the same form as this undertaking and delivered an original executed copy of same to counsel for MPAC, and are engaged for purposes of consultation and preparation for the hearing in this matter.

All confidential information, including transcripts and exhibits that refer to the confidential information shall be sealed at the end of the proceedings.

At the conclusion of this matter, any information given to me by MPAC shall be returned to MPAC by me.

DATED at Toronto this _____ day of _____________, 2016.

______________________________

SCHEDULE “B” UNDERTAKING OF NON-DISCLOSURE (CONSULTANT/VALUATION EXPERT)

I, _____________________________ of the _______ of ___________, consultant/valuation expert with Altus Group, consultants/valuation experts for certain of the Appellants in these proceedings listed in Schedule “A”, undertake that I will not disclose to any person, except as noted herein, confidential information (ie. information contemplated by section 53 of the Assessment Act, R.S.O. 1990, c.A.31, as amended, which includes actual income and expense information obtained by MPAC), supplied by MPAC. Such information may be disclosed only to paralegals, consultants or valuators with the Altus Group or with the Appellants’ solicitors, who have executed the same form as this undertaking and delivered an original executed copy of same to counsel for MPAC, and are engaged for purposes of consultation and preparation for the hearing in this matter. This undertaking does not extend to disclosure of such information or part thereof if, prior to its disclosure by MPAC, such information was in my possession, custody, or control as a result of my own independent investigations.

Information provided by MPAC shall not be reproduced or copied in whole or in part in any manner (including electronically) except as is strictly necessary to comply with the Rules of Civil Procedure, the ARB's Rules of Practice and Procedure, or an order of the Court or of the ARB. In no circumstances shall confidential information be transmitted by way of the internet. All confidential information, including reproductions or copies, shall be returned to MPAC at the conclusion of the proceedings. Any confidential information that is stored electronically shall be erased and written confirmation of the erasure shall be provided to MPAC at the conclusion of these proceedings.

The information provided by MPAC may be entered on a hard drive. The information on the hard drive shall remain in the exclusive control of the person executing the non-disclosure undertaking. The information on the hard drive shall be deleted and written confirmation of the deletion shall be provided to MPAC at the conclusion of these proceedings.

All confidential information, including transcripts and exhibits that refer to the confidential information shall be sealed at the end of the proceedings.

At the conclusion of this matter, any information given to me by MPAC shall be returned to MPAC by me.

DATED at Toronto this _____ day of _____________, 2016.

______________________________

SCHEDULE “B” UNDERTAKING OF NON-DISCLOSURE (CONSULTANT/VALUATION EXPERT)

I, _____________________________ of the _______ of ___________, consultant/valuation expert with Kingmont Consulting, consultants/valuation experts for certain of the Appellants in these proceedings listed in Schedule “A”, undertake that I will not disclose to any person, except as noted herein, confidential information (ie. information contemplated by section 53 of the Assessment Act, R.S.O. 1990, c.A.31, as amended, which includes actual income and expense information obtained by MPAC), supplied by MPAC. Such information may be disclosed only to paralegals, consultants or valuators with the Altus Group or with the Appellants’ solicitors, who have executed the same form as this undertaking and delivered an original executed copy of same to counsel for MPAC, and are engaged for purposes of consultation and preparation for the hearing in this matter. This undertaking does not extend to disclosure of such information or part thereof if, prior to its disclosure by MPAC, such information was in my possession, custody, or control as a result of my own independent investigations.

Information provided by MPAC shall not be reproduced or copied in whole or in part in any manner (including electronically) except as is strictly necessary to comply with the Rules of Civil Procedure, the ARB's Rules of Practice and Procedure, or an order of the Court or of the ARB. In no circumstances shall confidential information be transmitted by way of the internet. All confidential information, including reproductions or copies, shall be returned to MPAC at the conclusion of the proceedings. Any confidential information that is stored electronically shall be erased and written confirmation of the erasure shall be provided to MPAC at the conclusion of these proceedings.

All confidential information, including transcripts and exhibits that refer to the confidential information shall be sealed at the end of the proceedings.

At the conclusion of this matter, any information given to me by MPAC shall be returned to MPAC by me.

DATED at Brampton this _____ day of _____________, 2016.

______________________________

SCHEDULE “B” UNDERTAKING OF NON-DISCLOSURE (CONSULTANT/VALUATION EXPERT)

I, _____________________________ of the _______ of ___________, consultant/valuation expert with First Metro Consultants, consultants/valuation experts for certain of the Appellants in these proceedings listed in Schedule “A”, undertake that I will not disclose to any person, except as noted herein, confidential information (ie. information contemplated by section 53 of the Assessment Act, R.S.O. 1990, c.A.31, as amended, which includes actual income and expense information obtained by MPAC), supplied by MPAC. Such information may be disclosed only to paralegals, consultants or valuators with the Altus Group or with the Appellants’ solicitors, who have executed the same form as this undertaking and delivered an original executed copy of same to counsel for MPAC, and are engaged for purposes of consultation and preparation for the hearing in this matter. This undertaking does not extend to disclosure of such information or part thereof if, prior to its disclosure by MPAC, such information was in my possession, custody, or control as a result of my own independent investigations.

Information provided by MPAC shall not be reproduced or copied in whole or in part in any manner (including electronically) except as is strictly necessary to comply with the Rules of Civil Procedure, the ARB's Rules of Practice and Procedure, or an order of the Court or of the ARB. In no circumstances shall confidential information be transmitted by way of the internet. All confidential information, including reproductions or copies, shall be returned to MPAC at the conclusion of the proceedings. Any confidential information that is stored electronically shall be erased and written confirmation of the erasure shall be provided to MPAC at the conclusion of these proceedings.

All confidential information, including transcripts and exhibits that refer to the confidential information shall be sealed at the end of the proceedings.

At the conclusion of this matter, any information given to me by MPAC shall be returned to MPAC by me.

DATED at Mississauga this _____ day of _____________, 2016.

______________________________

SCHEDULE “C” Industrial Mall Capitalization Rate Study prepared by MPAC