Item - 2020.CC21.11

Tracking Status

  • City Council adopted this item on May 28, 2020 without amendments.

CC21.11 - Toronto Water 2020 Capital Budget and 2021-2029 Capital Plan Adjustments

Decision Type:
ACTION
Status:
Adopted
Wards:
All

City Council Decision

City Council on May 28, 2020, adopted the following:

 

1. City Council authorize the reallocation of cashflows within Toronto Water’s Approved 2020 Capital Budget and 2021-2029 Capital Plan in the amount of $2.775 million, for acceleration and deferral of projects, as presented in Schedule A (Part A and B) to the report (May 20, 2020) from the General Manager, Toronto Water, with a zero Budget impact.

 

2. City Council authorize the reallocation of project costs and cashflows in Toronto Water's Approved 2020 Capital Budget and 2021-2029 Capital Plan in the amount of $5.136 million from projects that have been awarded under budget or completed to those requiring additional funding in the same amount as presented in Schedule A (Part C) to the report (May 20, 2020) from the General Manager, Toronto Water, with a zero Budget impact.

Background Information (City Council)

(May 20, 2020) Report from the General Manager, Toronto Water on Toronto Water 2020 Capital Budget and 2021-2029 Capital Plan Adjustments (CC21.11)
https://www.toronto.ca/legdocs/mmis/2020/cc/bgrd/backgroundfile-147432.pdf
Schedule A consisting of Part A - Toronto Water 2020-2021 Budget Adjustments Reallocations due to Accelerations, Part B - Toronto Water 2020-2021 Budget Adjustments Reallocations due to Deferrals and Part C - Toronto Water 2020-2021 Budget Adjustments Reallocations
https://www.toronto.ca/legdocs/mmis/2020/cc/bgrd/backgroundfile-147433.pdf
Source: Toronto City Clerk at www.toronto.ca/council