Item - 2019.MM9.52
Tracking Status
- City Council adopted this item on July 16, 17 and 18, 2019 without amendments.
MM9.52 - Authorization to Release Section 37 funds from the development at 70 The Esplanade to fund the Production and Installation of a Heritage Plaque to Commemorate the 110th anniversary of Hotel Victoria - by Councillor Kristyn Wong-Tam, seconded by Councillor Mike Layton
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 13 - Toronto Centre
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 Heritage Toronto on a one-time basis by $2,200.00 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 6-18 Church Street and 51-63 Front Street East (70 The Esplanade) (Source Account: XR3026-3700344), for the production and installation of a heritage plaque at 56 Yonge Street to commemorate the 110th anniversary of Hotel Victoria (Cost Centre HG 0001).
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2019/mm/bgrd/backgroundfile-136069.pdf
(July 17, 2019) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2019/mm/bgrd/backgroundfile-136190.pdf
Motions (City Council)
That Councillor Kristyn Wong-Tam be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Release Section 37 Funds from Development at 70 The Esplanade to fund the Production and Installation of a Heritage Plaque to Commemorate the 110th Anniversary of Hotel Victoria
Reason for Urgency:
This Motion is urgent as Hotel Victoria's 110th anniversary is August 9, 2019, and Heritage Toronto requires the funding in place to meet its deadline.