Item - 2023.MM12.27
Tracking Status
- City Council adopted this item on November 8 and 9, 2023 without amendments.
MM12.27 - Authorization to Release Section 45 Funds from the Development at 109 Vaughan Road for streetscape improvements in the Hillcrest Village Business Improvement Area - by Councillor Josh Matlow seconded by Councillor Alejandra Bravo
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 12 - Toronto - St. Paul's
City Council Decision
City Council on November 8 and 9, 2023, adopted the following:
1. City Council increase the 2023-2032 Approved Capital Budget and Plan for Economic Development and Culture by $140,000 gross and $0 debt, in project costs with cash flow funding of $10,000 in 2023, and cash flow commitments of $60,000 in 2024 and $70,000 in 2025, fully funded by Section 45 funds obtained in the development at 109 Vaughan Road (Source Account: XR3028-4500202), for completing streetscape improvements on St. Clair Avenue West, at Hillcrest Village Business Improvement Area (WBS Element: CED104-13 - PAR Hillcrest Village).
Background Information (City Council)
Motions (City Council)
That Councillor Josh Matlow be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Release Section 45 Funds from the Development at 109 Vaughan Road for streetscape improvements in the Hillcrest Village Business Improvement Area
Reason for Urgency:
This Motion is urgent in order to enable staff and the Business Improvement Area to begin work on this important project.