Item - 2023.MM7.1
Tracking Status
- City Council adopted this item on June 14 and 15, 2023 with amendments.
MM7.1 - Redirecting the Proceeds of the Sale of a Residual Portion of City-owned land at 276 Lauder Avenue - by Councillor Alejandra Bravo, seconded by Councillor Ausma Malik
- Decision Type:
- ACTION
- Status:
- Amended
- Ward:
- 9 - Davenport
City Council Decision
City Council on June 14 and 15, 2023, adopted the following:
1. City Council direct the Executive Director, Financial Planning Division to earmark the net proceeds of the sale of 276 Lauder Avenue, to be used for future parkland acquisition in Ward 9 within the Land Acquisition Reserve Fund (Account XR1205).
Background Information (City Council)
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM7.1 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.
That City Council delete Recommendation 1.
Recommendation to be deleted:
1. City Council, waive the Policy Governing Land Transactions Among City Agencies, Boards, Commissions and Departments and Proceeds from Sale of Surplus City-Owned Real Property as amended by Item 2021.EX27.4 that requires that the net proceeds be directed to the Land Acquisition Reserve Fund (XR1205), and allocate the net proceeds of the sale of 276 Lauder Avenue to the South District Parkland Acquisition reserve fund (Account XR2208).
and, adopt instead the following:
1. City Council direct the Executive Director, Financial Planning Division to earmark the net proceeds of the sale of 276 Lauder Avenue, to be used for future parkland acquisition in Ward 9 within the Land Acquisition Reserve Fund (Account XR1205).
Vote (Amend Item) Jun-15-2023 4:24 PM
| Result: Carried | Majority Required - MM7.1 - Bravo - motion 1 |
|---|---|
| Total members that voted Yes: 19 | Members that voted Yes are Paul Ainslie, Brad Bradford, Alejandra Bravo, Shelley Carroll, Lily Cheng, Vincent Crisanti, Paula Fletcher, Ausma Malik, Nick Mantas, Josh Matlow, Jennifer McKelvie, Chris Moise, Amber Morley, Jamaal Myers, Frances Nunziata (Chair), James Pasternak, Gord Perks, Anthony Perruzza, Jaye Robinson |
| Total members that voted No: 2 | Members that voted No are Stephen Holyday, Michael Thompson |
| Total members that were Absent: 4 | Members that were absent are Jon Burnside, Mike Colle, Gary Crawford, Dianne Saxe |