Item - 2020.MM26.16
Tracking Status
- City Council adopted this item on November 25 and 26, 2020 without amendments.
MM26.16 - Request to Amend the 2020 Non-Program Budget for the Disbursement of Section 37 Funds for the Davisville Junior Public School Project - by Councillor Josh Matlow, seconded by Mike Layton
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 12 - Toronto - St. Paul's
City Council Decision
City Council on November 25 and 26, 2020, adopted the following:
1. City Council increase the Approved 2020 Operating Budget for Non-Program (NP2161) by $1.528 million gross, $0 net, to fund the Toronto District School Board for the Davisville Junior Public School, fully funded by Section 37 community benefits obtained from the following developments for the design and construction of the additional third floor and underground garage.
|
Development Address |
Amount |
Source Account |
|
85-91 Broadway Avenue and 198 Redpath Avenue |
$87,636.86 |
XR3026-3700924 |
|
281 and 289 Avenue Road |
$326,221.45 |
XR3026-3701007 |
|
11 Lillian Street and 132-142 Soudan Avenue |
$974,816.37 |
XR3026-3700999 |
|
310 and 320 Tweedsmuir Avenue |
$139,325.32 |
XR3026-3700307 |
|
Total |
$1,528,000.00 |
|
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2020/mm/bgrd/backgroundfile-158862.pdf
Fiscal Impact Statement
https://www.toronto.ca/legdocs/mmis/2020/mm/bgrd/backgroundfile-159152.pdf
Motions (City Council)
That Councillor Josh Matlow be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Request to Amend the 2020 Non-Program Budget for the Disbursement of Section 37 Funds for the Davisville Junior Public School Project
Reason for Urgency:
This Motion is urgent as Section 37 Funds are required as construction is imminent.