Item - 2023.MM5.15
- City Council adopted this item on March 29, 2023 without amendments.
MM5.15 - Authorization to release Section 37 funds to Dixon Hall for the Dixon Hall Community Hub - by Councillor Chris Moise, seconded by Councillor Shelley Carroll
- Decision Type:
- 13 - Toronto Centre
City Council Decision
City Council on March 29, 30 and 31, 2023, adopted the following:
1. City Council increase the 2023 City Council-Approved Operating Budget for Non-Program on a one-time basis by $500,000 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 59 Richmond Street East and 114 and 120 Church Street (Source Account: XR3026-3701223) secured for improvements to community, recreation and/or cultural spaces and to be utilized for the revitalization of the Dixon Hall Community Hub located at 58 Sumach Street (Cost Centre: NP2161).
2. City Council direct that the $500,000 be forwarded to Dixon Hall upon the signing of an Undertaking by Dixon Hall to govern the use of the funds and the financial reporting requirements.
3. City Council direct that the use of Section 37 community benefits be prominently recognized in documents and promotional materials, including on any construction hoarding, in consultation with the Ward Councillor as a requirement within the Undertaking between the City and Dixon Hall.
Background Information (City Council)
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM5.15 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.