Item - 2022.MM41.12
Tracking Status
- City Council adopted this item on March 9, 2022 without amendments.
MM41.12 - Reallocation of Section 37 Funds for St James Food Table - 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 March 9, 2022, adopted the following:
1. City Council increase the 2022 approved Operating Budget for Shelter, Support and Housing Administration on a one-time basis by $967,000.00 gross, $0 net, for transfer to Toronto Community Housing Corporation in order to undertake capital building upgrades to the building at 200 Wellesley Street East necessary to create a Food Hub, (cost centre: FD5101) fully funded by Section 37 (Planning Act Reserve Funds) community benefits from the following developments:
a. 480-494 Yonge Street and 3 Grosvenor Street, secured for capital improvements for new or existing cultural and/or community space in the Ward, in the amount of $617,655.00 (source account XR3026-3700911); and
b. 88 Queen Street East, 10 Mutual Street and parts of 30-50 Mutual Street, secured for community, recreation and/or cultural space improvements, in the amount of $349,345.00 (source account XR3026-3701155).
2. City Council direct that $967,000 be forwarded to Toronto Community Housing Corporation, subject to Toronto Community Housing Corporation 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 MM41.12 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.