Item - 2023.MM2.12

Tracking Status

MM2.12 - Authorization to release Section 37 funds to the Sir William Campbell Foundation for Public Realm Improvements on Queen Street West respecting Relic Linear Park - by Councillor Ausma Malik, seconded by Councillor Alejandra Bravo

Decision Type:
ACTION
Status:
Adopted
Ward:
10 - Spadina - Fort York

City Council Decision

City Council on December 14 and 15, 2022, adopted the following:

 

1. City Council increase, on a one-time basis, the 2022 Approved Operating Budget for Non-Program, by $33,000.00 gross, $0 net, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from the following developments:

 

a. 219 Queen Street West, in the amount of $25,797 (Source Account: XR3026-3700663), secured for various purposes including streetscape improvements (Cost Centre: NP2161) ; and

 

b. 426 University Avenue, in the amount of $7,203 (Source Account: XR3026-3700306), secured for various purposes including local park improvements and/or streetscape improvements to Queen Street West (Cost Centre: NP2161);

 

for the purpose of providing one time capital funding to the Sir William Campbell Foundation to winterize the Relic Linear Park site for mason work during the winter.

 

2. City Council direct that the funds be forwarded to the Sir William Campbell Foundation upon the signing of an Undertaking that governs the use of the funds and the financial reporting requirements.

Background Information (City Council)

Member Motion MM2.12
https://www.toronto.ca/legdocs/mmis/2023/mm/bgrd/backgroundfile-230407.pdf
(December 12, 2022) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2023/mm/bgrd/backgroundfile-230507.pdf

Motions (City Council)

Motion to Waive Referral (Carried)

Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM2.12 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.


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