Item - 2020.MM23.8
Tracking Status
- City Council adopted this item on July 28 and 29, 2020 without amendments.
MM23.8 - Authorization to Release Section 37 Funds from the Development at 57 Spadina Avenue for Capital Upgrades to St. Stephen's Community House at 260 Augusta Avenue - by Councillor Joe Cressy, seconded by Councillor Mike Layton
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 11 - University - Rosedale
City Council Decision
City Council on July 28 and 29, 2020, adopted the following:
1. City Council increase the Approved 2020 Operating Budget for Non-Program on a one-time basis by $20,000.00 gross, $0 net, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 57 Spadina Avenue (Source Account: XR3026- 3700954) for transfer to St. Stephen's Community House for capital upgrades to their facilities located at 260 Augusta Avenue (Cost Centre: NP2161).
2. City Council forward the $20,000.00 to St. Stephen's Community House, subject to St. Stephen's Community House signing an Undertaking governing the use of the funds and the financial reporting requirements.
Background Information (City Council)
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM23.8 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.