Item - 2021.MM38.37
Tracking Status
- City Council adopted this item on December 15, 16 and 17, 2021 without amendments.
MM38.37 - Authorization to Release Section 37 Funds to the Revitalization of Massey Hall - by Councillor Kristyn Wong-Tam, seconded by Mayor John Tory
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
City Council Decision
City Council on December 15, 16 and 17, 2021, adopted the following:
1. City Council direct that, in accordance with the Section 37 Agreement for 480-492 Yonge Street and 3 Grosvenor Street, which specifies a community benefit of $1,370,805 to be allocated towards community, cultural or recreational facilities capital improvements within Ward 13, indexed upward annually for inflation, $437,048.69 of this funding shall be provided for the Massey Hall Revitalization.
2. City Council direct that, in accordance with the Section 37 Agreement for 219-231 Dundas Street East, which specifies a community benefit of $527,318.79 to be allocated towards community, cultural or recreational facilities capital improvements within Ward 13, indexed upward annually for inflation, $350,335 of this funding shall be provided for the Massey Hall Revitalization.
3. City Council direct that, in accordance with the Section 37 Agreement for 60 Shuter Street and 187 and 189 Church Street, which specifies a community benefit of $212,616.31 to be allocated towards community, cultural or recreational facilities capital improvements within Ward 13, indexed upward annually for inflation, $212,616.31 of this funding shall be provided for the Massey Hall Revitalization.
4. City Council request the Federal and Provincial governments to expand their support to ensure that Massey Hall receives the necessary financial support and assistance to complete the project in a timely manner.
Background Information (City Council)
Motions (City Council)
That Councillor Wong-Tam be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Release Section 37 Funds to the Revitalization of Massey Hall
Reason for Urgency:
This Motion is urgent because Massey Hall is an important cultural and live music venue in Toronto and they need additional funds before year end to complete their building’s revitalization work.