Item - 2017.ED22.10
Tracking Status
- City Council adopted this item on July 4, 2017 without amendments.
- This item was considered by the Economic Development Committee on May 30, 2017 and adopted without amendment. It will be considered by City Council on July 4, 2017.
ED22.10 - Amendments to the Business Improvement Area (BIA) Capital Cost-Share Program Guidelines
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
City Council Decision
City Council on July 4, 5, 6 and 7, 2017, adopted the following:
1. City Council approve the amended Business Improvement Area Capital Cost-Sharing Program Guidelines described in the report and as set out in Attachment 1 to the report (May 23, 2017) from the General Manager, Economic Development and Culture and the Executive Director, Financial Planning.
2. City Council establish a new project in the 2018-2027 Capital Plan for Economic Development and Culture entitled "Business Improvement Area Streetscape Master Plan Funding Program" with annual cash flow of $0.100 million, based upon the program guidelines set out in the report and in Attachment 2 to the report (May 23, 2017) from the General Manager, Economic Development and Culture and the Executive Director, Financial Planning, by reallocating funding from the Business Improvement Area Equal Share Funding Program, and authorize the General Manager, Economic Development and Culture to enter into agreements with Business Improvement Areas under the Program.
3. City Council direct the General Manager, Transportation Services, the Executive Director, Engineering and Construction Services, and the General Manager, Economic Development and Culture to undertake a review of project administration charges applied to Business Improvement Area capital projects and the priority assigned to Business Improvement Area projects with regard to permits and approvals.
4. City Council direct the General Manager, Economic Development and Culture to report annually to Economic Development Committee on the allocation of Business Improvement Area Capital Cost-Share Funding, the requests for funding from Business Improvement Area Cost-Share Programs, and trends in Business Improvement Area net financial assets, detailed by size of Business Improvement Area, as reported in Business Improvement Area Audited Financial Statements.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2017/ed/bgrd/backgroundfile-104090.pdf
Attachment 1 - Amended BIA Capital Cost-Share Program Guidelines
https://www.toronto.ca/legdocs/mmis/2017/ed/bgrd/backgroundfile-104088.pdf
Attachment 2 - BIA Streetscape Master Plan Funding Program
https://www.toronto.ca/legdocs/mmis/2017/ed/bgrd/backgroundfile-104089.pdf
(May 12, 2017) Report from the General Manager, Economic Development and Culture on Amendments to the Business Improvement Area (BIA) Capital Cost-Share Program Guidelines - Notice of Pending Report
https://www.toronto.ca/legdocs/mmis/2017/ed/bgrd/backgroundfile-103882.pdf
Motions (City Council)
Vote (Adopt Item) Jul-07-2017 9:42 AM
Result: Carried | Majority Required - ED22.10 - Adopt the item |
---|---|
Total members that voted Yes: 33 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Jon Burnside, John Campbell, Christin Carmichael Greb, Gary Crawford, Joe Cressy, Janet Davis, Glenn De Baeremaeker, Frank Di Giorgio, Sarah Doucette, Michael Ford, Mary Fragedakis, Mark Grimes, Jim Hart, Michelle Holland, Stephen Holyday, Jim Karygiannis, Norman Kelly, Mike Layton, Chin Lee, Giorgio Mammoliti, Josh Matlow, Mary-Margaret McMahon, Joe Mihevc, Denzil Minnan-Wong, Frances Nunziata (Chair), Cesar Palacio, Gord Perks, Neethan Shan, Michael Thompson, John Tory, Kristyn Wong-Tam |
Total members that voted No: 0 | Members that voted No are |
Total members that were Absent: 12 | Members that were absent are Ana Bailão, Shelley Carroll, Josh Colle, Vincent Crisanti, Justin J. Di Ciano, John Filion, Paula Fletcher, Pam McConnell, James Pasternak, Anthony Perruzza, Jaye Robinson, David Shiner |
ED22.10 - Amendments to the Business Improvement Area (BIA) Capital Cost-Share Program Guidelines
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Economic Development Committee recommends that:
1. City Council approve the amended Business Improvement Area (BIA) Capital Cost-Sharing Program Guidelines described in the report and as set out in Attachment 1 to the report (May 23, 2017) from the General Manager, Economic Development and Culture and the Executive Director, Financial Planning.
2. City Council establish a new project in the 2018-2027 Capital Plan for Economic Development and Culture entitled ”BIA Streetscape Master Plan Funding Program" with annual cash flow of $0.100 million, based upon the program guidelines set out in the report and in Attachment 2 to the report (May 23, 2017) from the General Manager, Economic Development and Culture and the Executive Director, Financial Planning, by reallocating funding from the BIA Equal Share Funding Program, and authorize the General Manager of Economic Development and Culture to enter into agreements with BIAs under the Program.
3. City Council direct the General Manager, Transportation Services, the Executive Director, Engineering and Construction Services, and the General Manager, Economic Development and Culture to undertake a review of project administration charges applied to Business Improvement Area (BIA) capital projects and the priority assigned to BIA projects with regard to permits and approvals.
4. City Council direct the General Manager of Economic Development and Culture to report annually to Economic Development Committee on the allocation of Business Improvement Area (BIA) Capital Cost-Share Funding, the requests for funding from BIA Cost-Share Programs, and trends in BIA net financial assets, detailed by size of BIA, as reported in BIA Audited Financial Statements.
Origin
Summary
The BIA Capital Cost-Sharing Program represents a successful and long-standing partnership with the City's Business Improvement Areas (BIAs). Through this program the City has cost-shared $39.3 million in streetscape improvements over the past 10 years to beautify, enhance and improve city streets and public spaces. BIAs pay for 50 percent or more of the cost of projects funded under this Program and 100 percent of the long-term maintenance.
In response to a presentation by the Toronto Association of BIAs (TABIA) to Economic Development Committee on November 24, 2015, this report provides the results of a review of the Program looking at ways to maximize the amount of funding leveraged from BIAs and support long-term, cost-effective BIA streetscape improvements.
The report concludes that there are opportunities to leverage additional funding from BIAs without increasing City debt targets by amending the Cost-Share Guidelines to provide more consistency and flexibility, introducing a Streetscape Master Plan Funding Program to encourage BIAs to undertake long-term streetscape planning, and pursuing a further review of the policies affecting BIA cost-shared projects with other City divisions.
Background Information
https://www.toronto.ca/legdocs/mmis/2017/ed/bgrd/backgroundfile-104090.pdf
Attachment 1 - Amended BIA Capital Cost-Share Program Guidelines
https://www.toronto.ca/legdocs/mmis/2017/ed/bgrd/backgroundfile-104088.pdf
Attachment 2 - BIA Streetscape Master Plan Funding Program
https://www.toronto.ca/legdocs/mmis/2017/ed/bgrd/backgroundfile-104089.pdf
(May 12, 2017) Report from the General Manager, Economic Development and Culture on Amendments to the Business Improvement Area (BIA) Capital Cost-Share Program Guidelines - Notice of Pending Report
https://www.toronto.ca/legdocs/mmis/2017/ed/bgrd/backgroundfile-103882.pdf