Item - 2020.MM24.8
Tracking Status
- City Council adopted this item on September 30, October 1 and 2, 2020 without amendments.
MM24.8 - Release of Section 37 Funds from 5365 Dundas Street West to MABELLEarts for Capital Improvements to Mabelle Parkette - by Councillor Mark Grimes, seconded by Councillor Gary Crawford
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 3 - Etobicoke - Lakeshore
City Council Decision
City Council on September 30, October 1 and 2, 2020, adopted the following:
1. City Council increase the Approved 2020 Operating Budget for Non-Program on a one-time basis by $316,384.70 gross, $0 net, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 5365 Dundas Street West (Source Account: XR3026-3700780) for transfer to MABELLEarts for the purpose of undertaking capital improvements to Mabelle Parkette (Cost Centre: NP2161).
2. City Council direct that the $316,384.70 be forwarded to MABELLEarts, subject to the MABELLEarts 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 MM24.8 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.