Item - 2022.MM45.45

Tracking Status

  • City Council adopted this item on June 15 and 16, 2022 without amendments.

MM45.45 - Authorization to Release Section 37 funds from the Development at 20 Edward Street to implement the Terry Fox Tribute Mural - by Councillor Mike Layton, seconded by Councillor Joe Mihevc

Decision Type:
ACTION
Status:
Adopted
Ward:
11 - University - Rosedale

City Council Decision

City Council on June 15 and 16, 2022, adopted the following:

 

1. City Council increase, on a one-time basis, the 2022 Council Approved Operating Budget for Economic Development and Culture by $200,000.00 gross, $0 net, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from the development at 20 Edward Street (Source Account: XR3026- 3701042) for implementation of the Terry Fox Tribute Mural (Cost Centre: SE0009).

Background Information (City Council)

Motions (City Council)

Motion to Introduce Motion without Notice moved by Councillor Mike Layton (Carried)

That Councillor Mike Layton be permitted to add to the Agenda of today's meeting an urgent Motion Without Notice concerning:

 

Authorization to Release Section 37 funds from the Development at 20 Edward Street to implement the Terry Fox Tribute Mural

 

Reason for Urgency:

 

The reason for urgency is due to the fact funding needs to be provided to meet the project deadlines and be completed before the planned celebration.


Motion to Adopt Item (Carried)
Source: Toronto City Clerk at www.toronto.ca/council