Item - 2024.EX16.2
Tracking Status
- City Council adopted this item on July 24, 2024 without amendments.
- This item was considered by the Executive Committee on July 16, 2024 and adopted without amendment. It will be considered by City Council on July 24, 2024.
EX16.2 - Update on the Reallocation of Funding from the Provincial Upload of the F.G. Gardiner Expressway and Don Valley Parkway
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
City Council Decision
City Council on July 24 and 25, 2024, adopted the following:
1. City Council endorse the reallocation plan outlined in the report (July 2, 2024) from the Chief Financial Officer and Treasurer and City Council direct the Executive Director, Financial Planning, in consultation with the Chief Financial Officer and Treasurer, to work with relevant City Divisions and Agencies to prioritize investment in capital projects in these areas through the 2025 Budget process.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2024/ex/bgrd/backgroundfile-247388.pdf
Motions (City Council)
That City Council amend Recommendation 1 by adding the words "and to ensure that a significant portion of the Transportation Services share of the Gardiner Expressway funding reallocation is used to advance the state of good repair of City roads as outlined in Item 2020.IE17.3 and the state of good repair of the ditch and culvert program as outlined in Item 2022.IE28.13" so that it now reads as follows:
1. City Council endorse the reallocation plan outlined in the report (July 2, 2024) from the Chief Financial Officer and Treasurer and City Council direct the Executive Director, Financial Planning, in consultation with the Chief Financial Officer and Treasurer, to work with relevant City Divisions and Agencies to prioritize investment in capital projects in these areas, through the 2025 Budget process, and to ensure that a significant portion of the Transportation Services share of the Gardiner Expressway funding reallocation is used to advance the state of good repair of City roads as outlined in Item 2020.IE17.3 and the state of good repair of the ditch and culvert program as outlined in Item 2022.IE28.13.
Vote (Amend Item) Jul-24-2024 4:40 PM
| Result: Lost | Majority Required - EX16.2 - Holyday - motion 1 |
|---|---|
| Total members that voted Yes: 3 | Members that voted Yes are Brad Bradford, Stephen Holyday, Josh Matlow |
| Total members that voted No: 21 | Members that voted No are Paul Ainslie, Alejandra Bravo, Jon Burnside, Shelley Carroll, Lily Cheng, Olivia Chow, Mike Colle, Vincent Crisanti, Paula Fletcher, Parthi Kandavel, Ausma Malik, Jennifer McKelvie, Chris Moise, Amber Morley, Jamaal Myers, Frances Nunziata (Chair), James Pasternak, Gord Perks, Anthony Perruzza, Dianne Saxe, Michael Thompson |
| Total members that were Absent: 1 | Members that were absent are Nick Mantas |
Vote (Amend Item) Jul-24-2024 4:42 PM
| Result: Lost | Majority Required - EX16.2 - Holyday - motion 1 - Re-vote |
|---|---|
| Total members that voted Yes: 2 | Members that voted Yes are Brad Bradford, Stephen Holyday |
| Total members that voted No: 22 | Members that voted No are Paul Ainslie, Alejandra Bravo, Jon Burnside, Shelley Carroll, Lily Cheng, Olivia Chow, Mike Colle, Vincent Crisanti, Paula Fletcher, Parthi Kandavel, Ausma Malik, Josh Matlow, Jennifer McKelvie, Chris Moise, Amber Morley, Jamaal Myers, Frances Nunziata (Chair), James Pasternak, Gord Perks, Anthony Perruzza, Dianne Saxe, Michael Thompson |
| Total members that were Absent: 1 | Members that were absent are Nick Mantas |
That in accordance with the provisions of Chapter 27, Council Procedures, City Council reconsider the vote on motion 1 by Councillor Stephen Holyday.
EX16.2 - Update on the Reallocation of Funding from the Provincial Upload of the F.G. Gardiner Expressway and Don Valley Parkway
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Executive Committee recommends that:
1. City Council endorse the reallocation plan outlined in the report (July 2, 2024) from the Chief Financial Officer and Treasurer and City Council direct the Executive Director, Financial Planning, in consultation with the Chief Financial Officer and Treasurer, to work with relevant City Divisions and Agencies to prioritize investment in capital projects in these areas through the 2025 Budget process.
Origin
Summary
On December 13, 2023, City Council approved in principle the terms of the Ontario-Toronto New Deal Agreement (the New Deal), which enables significant infrastructure investment in the City. The New Deal committed the City to funding and delivering growth infrastructure to advance transit and housing priorities, and also created the opportunity to invest in aging infrastructure through the upload of the F.G. Gardiner Expressway (Gardiner) and Don Valley Parkway (DVP) to the Province. Subject to a third-party due diligence assessment, the upload of the Gardiner and DVP allows for approximately $1.9 billion to be re-invested in existing and unfunded City infrastructure priorities over the next 10-year planning period.
This report identifies areas in the City that require a significant state of good repair (SOGR) investment, consistent with the funding gaps identified in the City's 2024 Corporate Asset Management Plan (EX14.6), and prior SOGR reporting to Council. The report also highlights funding obligations from the New Deal that require investment, which will be supported from the reallocated expressway funding such as the Broadview Eastern Flood Protection (BEFP) project for advancing Transit-Oriented Communities, and the City's commitment to advancing housing development to support provincial economic development and growth.
The report seeks endorsement of the plan to reallocate funding from the Gardiner and DVP to the following priority areas: Toronto Transit Commission (TTC) base system, Housing SOGR and infrastructure development, Parks, Forestry and Recreation (PFR) SOGR, Transportation Services SOGR, Corporate Real Estate Management (CREM) SOGR, and to the Broadview Eastern Flood Protection (BEFP) project. The Executive Director, Financial Planning, and the Chief Financial Officer and Treasurer will work with relevant City Divisions and Agencies, supported by the Capital Prioritization Framework for capital planning to invest in priority infrastructure renewal projects over the entire 10 year planning period through the 2025 Budget process.
Background Information
https://www.toronto.ca/legdocs/mmis/2024/ex/bgrd/backgroundfile-247388.pdf