Item - 2022.MM47.12
Tracking Status
- City Council adopted this item on July 19, 20, 21 and 22, 2022 without amendments.
MM47.12 - Authorization to Release Section 37 Funds from 21 Old Mill Road towards Playground Improvements at Our Lady of Sorrows Catholic School - by Councillor Mark Grimes, seconded by Councillor Mike Colle
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 3 - Etobicoke - Lakeshore
City Council Decision
City Council on July 19, 20, 21 and 22, 2022, adopted the following:
1. City Council increase the 2022 Approved Operating Budget for Non-Program by $66,023 gross, $0 net, (Cost Centre: NP2161), fully funded by Section 37 funds obtained in the development at 21 Old Mill Road, (Source Account: XR3026-3700442), secured for park improvements within the vicinity of the subject site, for the purpose of providing one time capital funding to the Toronto Catholic District School Board for playground improvements at Our Lady of Sorrows Catholic School located at 32 Montgomery Road.
2. City Council direct that the $66,023 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-228626.pdf
(July 19, 2022) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2022/mm/bgrd/backgroundfile-228947.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM47.12 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.