Item - 2020.MM26.1
Tracking Status
- City Council adopted this item on November 25 and 26, 2020 without amendments.
MM26.1 - Authorization to Release Section 45(9) funds to fund the Production and Installation of Two Heritage Plaques to Recognize the Heritage and Cultural Significance of City Park Co-op - 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 November 25 and 26, 2020, adopted the following:
1. City Council increase the Approved 2020 Operating Budget for Heritage Toronto on a one-time basis by $15,000.00 gross, $0 net, fully funded by Section 45(9) community benefits obtained from the development at 608-618 Yonge Street, 5-9 St Joseph Street and 15-25 St. Nicholas Street (Source Account: XR3028- 4500108) for the production and installation of two heritage plaques at City Park Co-op (484 Church Street, 31 Alexander Street, and 51 Alexander Street).
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2020/mm/bgrd/backgroundfile-158626.pdf
Fiscal Impact Statement
https://www.toronto.ca/legdocs/mmis/2020/mm/bgrd/backgroundfile-159158.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM26.1 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.