Item - 2023.MM7.39
Tracking Status
- City Council adopted this item on June 14, 2023 with amendments.
- See also 2023.MM8.40
MM7.39 - Authorization to Release Section 37 Funds from the Development at 316 Bloor Street West - by Councillor Dianne Saxe, seconded by Councillor Chris Moise
- Decision Type:
- ACTION
- Status:
- Amended
- Ward:
- 11 - University - Rosedale
City Council Decision
City Council on June 14 and 15, 2023, adopted the following:
1. City Council increase the 2023-2032 Capital Budget for Transportation Services by $1,750,000 fully funded by Section 37 community benefits for On-Street Bikeway construction, categorized as Service Improvement and Enhancement, on Bloor Street West from Avenue Road to Spadina Avenue and St. George Street from South of Prince Arthur Avenue to South of Bloor Street West (CTP 823-02), fully funded by the following development that fronts on the affected section of Bloor Street:
a. Section 37 community benefits secured for streetscape improvement from the development at 316 Bloor Street West, in the amount of $253,707 (Source Account: XR3026- 3701256); and
b. Section 37 community benefits secured for public realm improvements from the development at 316 Bloor Street West in the amount of $1,496,293 (Source Account: XR3026-3701257).
2. City Council acknowledge that the neighbouring residents' association was consulted by telephone and email.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2023/mm/bgrd/backgroundfile-237440.pdf
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2023/mm/bgrd/backgroundfile-237481.pdf
Motions (City Council)
That Councillor Dianne Saxe be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Release Section 37 Funds from the Development at 316 Bloor Street West to the Transportation Services Division for the construction of On-Street Bikeway Construction on Bloor Street West from Avenue Road to Spadina Avenue and St. George Street from South of Prince Arthur Avenue to South of Bloor Street West.
Reason for Urgency:
This Motion is urgent as the release of Section 37 funds is required to ensure this project can proceed to construction in 2023.
That in accordance with the provisions of Chapter 27, Council Procedures, City Council reconsider Item MM7.39.
That:
1. City Council amend Recommendation 1.b. by deleting "Source Account: XR3026-3701256" and inserting "Source Account: XR3026-3701257" so that it now reads as follows:
1. City Council increase the 2023-2032 Capital Budget for Transportation Services by $ 1,750,000 fully funded by Section 37 community benefits for On-Street Bikeway construction, categorized as Service Improvement and Enhancement, on Bloor Street West from Avenue Road to Spadina Avenue and St. George Street from South of Prince Arthur Avenue to South of Bloor Street West (CTP 823-02), fully funded by the following development that fronts on the affected section of Bloor Street:
a. Section 37 community benefits secured for streetscape improvement from the development at 316 Bloor Street West, in the amount of $253,707 (Source Account: XR3026- 3701256); and
b. Section 37 community benefits secured for public realm improvements from the development at 316 Bloor Street West in the amount of $1,496,293 (Source Account: XR3026-3701257).
2. City Council acknowledge that the neighbouring residents' association was consulted by telephone and email.