Item - 2019.MM9.60
Tracking Status
- City Council adopted this item on July 16, 17 and 18, 2019 without amendments.
MM9.60 - Request to Amend the 2019 Parks Forestry and Recreation Capital Budget for the York Street Park project (Ward 10) - by Councillor Joe Cressy, seconded by Councillor Mike Layton
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 10 - Spadina - Fort York
City Council Decision
City Council on July 16, 17 and 18, 2019, adopted the following:
1. City Council amend the 2019 Approved Parks, Forestry and Recreation Capital Budget for the York Off-ramp Construction sub-project in the amount of $2,000,000.00, increasing the total project cost from $10,000,000 (excluding taxes) to 12,000,000.00 and 2020 cash flow from $3,000,000.00 (excluding taxes) to $5,000,000.00, with funding from the following Section 42 Above five percent Cash-in-lieu for 90 Harbour account $1,188,000 (Source Account: XR2213-4200793), and 120 Harbour $812,000.00 (Source Account: XR2213-4200474) for updated construction estimate.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2019/mm/bgrd/backgroundfile-136096.pdf
(July 17, 2019) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2019/mm/bgrd/backgroundfile-136187.pdf
Motions (City Council)
That Councillor Joe Cressy be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Request to Amend the 2019 Parks, Forestry and Recreation Capital Budget for the York Street Park Project
Reason for Urgency:
This Motion is urgent as funding is required to be allocated to maintain tender and construction schedules.