Item - 2019.EX6.16
Tracking Status
- City Council adopted this item on June 18 and 19, 2019 without amendments and without debate.
- This item was considered by the Executive Committee on June 6, 2019 and adopted without amendment. It will be considered by City Council on June 18 and 19, 2019.
- See also BU6.3
EX6.16 - Facilities 2019 Capital Budget and 2020 - 2028 Capital Plan Adjustments and Accelerations / Deferrals (Second Quarter)
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on June 18 and 19, 2019, adopted the following:
1. City Council authorize the deferral and acceleration of funds in Facilities, Real Estate, Environment and Energy's Approved 2019 Capital Budget and 2020-2028 Capital Plan in the amount of $1.699 million, as detailed in Attachment 1 to the report (May 7, 2019) from the Interim General Manager, Facilities Management, with zero gross and net debt impact.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-133636.pdf
(May 7, 2019) Report from the Interim General Manager, Facilities Management on Facilities 2019 Capital Budget and 2020 - 2028 Capital Plan Adjustments and Accelerations / Deferrals (Second Quarter)
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-133131.pdf
Attachment 1 - "Schedule A - 2019 Second Quarter Capital Budget Deferrals/Accelerations"
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-133132.pdf
EX6.16 - Facilities 2019 Capital Budget and 2020 - 2028 Capital Plan Adjustments and Accelerations / Deferrals (Second Quarter)
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Executive Committee recommends that:
1. City Council authorize the deferral and acceleration of funds in Facilities, Real Estate, Environment and Energy's 2019 Council Approved Capital Budget and 2020-2028 Capital Plan in the amount of $1.699 million, as detailed in Attachment 1 to the report (May 7, 2019) from the Interim General Manager, Facilities Management, with zero gross and net debt impact.
Origin
Summary
The purpose of this report is to amend the Facilities, Real Estate, Environment and Energy 2019 Council Approved Capital Budget and 2020-2028 Capital Plan. The amendments will have zero gross and net debt impact and will better align 2019 and future cash flows with Facilities, Real Estate, Environment and Energy program requirements.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-133636.pdf
(May 7, 2019) Report from the Interim General Manager, Facilities Management on Facilities 2019 Capital Budget and 2020 - 2028 Capital Plan Adjustments and Accelerations / Deferrals (Second Quarter)
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-133131.pdf
Attachment 1 - "Schedule A - 2019 Second Quarter Capital Budget Deferrals/Accelerations"
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-133132.pdf