Item - 2024.MM16.18
Tracking Status
- City Council adopted this item on March 20 and 21, 2024 without amendments.
MM16.18 - Authorization to Release Section 37 and Section 42 Funds to Amend the 2024-2033 Capital Budget and Plan for Parks, Forestry and Recreation to Advance Capital Projects in Ward 18 - by Councillor Lily Cheng, seconded by Councillor Jon Burnside
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 18 - Willowdale
City Council Decision
City Council on March 20 and 21, 2024, adopted the following:
1. City Council amend Parks, Forestry and Recreation’s 2024 Capital Budget and 2025-2033 Capital Plan for the following:
a. create a new capital sub-project known as Glendora Park Off Leash Area Design in the Park Development project, with a project cost of $100,000 gross and $0 debt in 2024, with cash flow commitments of $50,000 in 2024 and $50,000 in 2025, fully funded by Section 42 Above 5 percent Cash-in-lieu obtained from developments in proximity to Glendora Park to proceed with design for a new off leash area, from sources in the chart below:
|
Development Location |
Internal Order Account (XR2213) |
Amount |
|
28 Avondale |
4200687 |
$73,323.72 |
|
90 Sheppard Avenue |
4201070 |
$6,431.75 |
|
14C Hycrest Avenue |
4201493 |
$9,605.93 |
|
14B Hycrest Avenue |
4201502 |
$10,638.60 |
|
Total |
$100,000.00 |
|
b. create a new capital sub-project known as Ward 18 Parks Study in the Park Development project, with a project cost of $50,000 gross and $0 debt in 2024, with cash flow commitments of $45,000 in 2024 and $5,000 in 2025, fully funded by various Section 42 Above 5 percent Cash-in-lieu obtained from developments to advance a study of three parks in Ward 18, including Doris-Norton Park, 35 Churchill Avenue and Northtown Park, from sources in the chart below:
|
Development Location |
Internal Order Account (XR2213) |
Amount |
|
75 Canterbury Place |
4201100 |
$28,956.92 |
|
5250-5254 Yonge Street |
4201555 |
$21,043.08 |
|
Total |
$50,000.00 |
|
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-244039.pdf
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-244494.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM16.18 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.