Item - 2023.MM12.7
Tracking Status
- City Council adopted this item on November 8 and 9, 2023 with amendments.
MM12.7 - Authorization to Release Section 37 Funds from the Development at 124 and 128 Pears Avenue to Toronto Community Housing Corporation for 250 Davenport - by Councillor Dianne Saxe, seconded by Councillor Shelley Carroll
- Decision Type:
- ACTION
- Status:
- Amended
- Ward:
- 11 - University - Rosedale
City Council Decision
City Council on November 8 and 9, 2023, adopted the following:
1. City Council increase the 2023 Operating Budget for Non-Program on a one-time basis by $30,000 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 124 and 128 Pears Avenue (Source Account: XR3026-3700793) secured for capital improvements to public housing at 250 Davenport to be utilized at 250 Davenport to build a free, reliable high-speed WiFi connection to the internet in shared spaces (Cost Centre: NP2161).
2. City Council direct that the $32,000 be forwarded to Toronto Community Housing Corporation upon the signing of an Undertaking by Toronto Community Housing Corporation that governs the use of the funds and the financial reporting requirements.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2023/mm/bgrd/backgroundfile-240437.pdf
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2023/mm/bgrd/backgroundfile-240644.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM12.7 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.
That in accordance with the provisions of Chapter 27, Council Procedures, City Council reconsider Item MM12.7.
That City Council delete Recommendation 1:
Recommendation to be deleted:
1. City Council increase the 2023 Operating Budget for Non-Program on a one-time basis by $32,000 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 124 and 128 Pears Avenue (Source Account: XR3026-3700793) secured for capital improvements to public housing at 250 Davenport to be utilized at 250 Davenport to create and furnish a computer/printer room and to build a free, reliable high-speed WiFi connection to the internet in shared spaces (Cost Centre: NP2161).
and adopted instead the following recommendation:
1. City Council increase the 2023 Operating Budget for Non-Program on a one-time basis by $30,000 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 124 and 128 Pears Avenue (Source Account: XR3026-3700793) secured for capital improvements to public housing at 250 Davenport to be utilized at 250 Davenport to build a free, reliable high-speed WiFi connection to the internet in shared spaces (Cost Centre: NP2161).