Item - 2019.MM3.24
Tracking Status
- City Council adopted this item on February 26, 2019 without amendments.
MM3.24 - Authorization to Release Section 37 Funds, from the development at 1674-1684 Bayview Avenue and 703-713 Soudan Avenue to the Toronto Catholic District School Board at St. Anselm Catholic School (182 Bessborough Drive) - by Councillor Jaye Robinson, seconded by Councillor Gary Crawford
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 15 - Don Valley West
City Council Decision
City Council on February 26, 2019, adopted the following:
1. City Council increase the 2019 Operating Budget for Non-Program by $35,000.00 gross, $0 net, (cost centre: NP2161) once approved for the purpose of providing one time capital funding to the Toronto Catholic District School Board for playground improvements at St. Anselm Catholic School located at 182 Bessborough Drive, fully funded by Section 37 funds obtained from the development at 1674-1684 Bayview Avenue and 703-713 Soudan Avenue (Source Account 22096).
2. City Council direct that the $35,000.00 be forwarded to the Toronto Catholic District School Board upon the signing of an Undertaking by the Toronto Catholic District School Board governing the use of the funds and the financial reporting requirements.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2019/mm/bgrd/backgroundfile-130198.pdf
(February 26, 2019) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2019/mm/bgrd/backgroundfile-130245.pdf
Motions (City Council)
That Councillor Jaye Robinson be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Release Section 37 Funds, from the development at 1674-1684 Bayview Avenue and 703-713 Soudan Avenue to the Toronto Catholic District School Board at St. Anselm Catholic School (182 Bessborough Drive)
Reason for Urgency:
This Motion is urgent because the funding is required immediately to ensure that construction can be completed this year.