Item - 2019.MM9.2
Tracking Status
- City Council adopted this item on July 16, 17 and 18, 2019 without amendments.
MM9.2 - Release of Section 45(9) Funds from the Development at 4726-4728 Yonge Street to the Toronto Community Housing Corporation Property at 415 Willowdale Avenue for Basketball Court Upgrades - by Councillor John Filion, seconded by Councillor Shelley Carroll
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 18 - Willowdale
City Council Decision
City Council on July 16, 17 and 18, 2019, adopted the following:
1. City Council increase the Approved 2019 Operating Budget for Shelter, Support and Housing Administration on a one-time basis by $31,000.00 gross, $0 net, fully funded by Section 45(9) (Planning Act Reserve Funds) community benefits from 4726-4750 Yonge Street, 9-31 Bogert Avenue, 2-28 Poyntz Avenue and 49 Bogert Avenue (Source Account: XR3028-4500139) for transfer to the Toronto Community Housing Corporation in order to undertake basketball court upgrades at the Toronto Community Housing Corporation building located at 415 Willowdale Avenue (Cost Centre: FD5101).
2. City Council direct that the $31,000.00 be forwarded to the Toronto Community Housing Corporation, subject to the Toronto Community Housing Corporation signing an Undertaking 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-135712.pdf
(July 16, 2019) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2019/mm/bgrd/backgroundfile-136178.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM9.2 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.