Item - 2022.MM45.20
Tracking Status
- City Council adopted this item on June 15 and 16, 2022 without amendments.
MM45.20 - Authorization to Release Section 37 Funds from the Development at 2772-2778 Keele Street to the Toronto Catholic District School Board towards Playground Improvements at St. Jerome Catholic School - by Councillor James Pasternak, seconded by Councillor Brad Bradford
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 6 - York Centre
City Council Decision
City Council on June 15 and 16, 2022, adopted the following:
1. City Council increase the 2022 Approved Operating Budget for Non-Program by $100,000.00 gross, $0 net, (Cost Centre: NP2161), fully funded by Section 37 funds obtained in the development 2772-2778 Keele Street, (Source Account: XR3026-3700050), secured for parkland and streetscape improvements in the vicinity of the development site, for the purpose of providing one time capital funding to the Toronto Catholic District School Board for playground improvements at St. Jerome Catholic School located at 111 Sharpecroft Boulevard.
2. City Council direct that the $100,000.00 be forwarded to the Toronto Catholic District School Board upon the signing of an Undertaking by the Toronto Catholic District School Board governing the use of the funds and the financial reporting requirements.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2022/mm/bgrd/backgroundfile-226941.pdf
(June 15, 2022) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2022/mm/bgrd/backgroundfile-227560.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM45.20 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.