Item - 2022.MM47.104
Tracking Status
- City Council adopted this item on July 19, 20, 21 and 22, 2022 without amendments.
MM47.104 - Additional Funding for the new Alexandra Park Community Centre - by Councillor Joe Mihevc, seconded by Councillor Mike Layton
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 10 - Spadina - Fort York
City Council Decision
City Council on July 19, 20, 21 and 22, 2022, adopted the following:
1. City Council increase the Approved 2022 Operating Budget for Non-Program on a one-time basis by $1,000,000.00 gross, $0 net, for transfer to Toronto Community Housing Corporation for design and capital construction of the Alexandra Park Community Centre (Cost Centre: NP2161), fully funded by Section 37/45(9) (Planning Act Reserve Funds) community benefits from the following developments:
a. 102 -118 Peter Street and 350-354 Adelaide Street West, in the amount of $474,741 (Source Account: XR3026-3701023);
b. 156-174 Front Street West and 43-51 Simcoe Street, in the amount of $268,565 (Source Account: XR3026-3701065);
c. 134 Peter Street and 364-370 Richmond Street West, in the amount of $56,503 (Source Account: XR3028-4500132);
d. 357 King Street West, in the amount of $120,000 (Source Account: XR3028- 4500235);
e. 371,373-377,379 King St W., in the amount of $2,954 (Source Account XR3026-3700263; and
f. 324 326, 328 and 332 Richmond St West, in the amount of $77,237 (Source Account: XR3026-3700973).
2. City Council direct that the $1,000,000.00 be forwarded to Toronto Community Housing Corporation, subject to the Centre signing an Undertaking governing the use of the funds and the financial reporting requirements.
Background Information (City Council)
Motions (City Council)
That Councillor Joe Mihevc be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Additional Funding for the new Alexandra Park Community Centre
Reason for Urgency:
This motion is urgent because design work is beginning with the community during the summer of 2022.