Item - 2021.MM31.8
Tracking Status
- City Council adopted this item on April 7 and 8, 2021 without amendments.
MM31.8 - Authorization to Release Section 37 Funds from the Development at McCowan Road and Finch Avenue to Community Matters Toronto for Mural Art on Bell Utility Boxes in the Agincourt North Area - by Councillor Cynthia Lai, seconded by Councillor Mark Grimes
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 23 - Scarborough North
City Council Decision
City Council on April 7 and 8, 2021, adopted the following:
1. City Council increase the Approved 2021 Operating Budget for Non-Program, by $15,000.00 gross, $0 net, fully funded by Section 37 funds obtained from the development at the southwest and southeast corners of McCowan Road and Finch Avenue, secured for community facilities, (Source Account: XR3026-3700162) for the purpose of providing one time capital funding to Community Matters Toronto to complete ten murals on Bell Boxes in the Agincourt North area of Ward 23 – Scarborough North (Cost Centre: NP2161).
2. City Council direct that the funds be forwarded to Community Matters Toronto upon the signing of an Undertaking by Community Matters Toronto that governs the use of the funds and the financial reporting requirements.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2021/mm/bgrd/backgroundfile-165255.pdf
(April 7, 2021) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2021/mm/bgrd/backgroundfile-165663.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM31.8 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.