Item - 2024.MM16.39
Tracking Status
- City Council adopted this item on March 20 and 21, 2024 without amendments.
MM16.39 - Authorization to Release Section 37 Funds to Amend the 2024-2033 Capital Budget and Plan for Parks, Forestry and Recreation to Advance the Davisville Community Aquatic Centre Project in Ward 12 - by Councillor Josh Matlow, seconded by Councillor Mike Colle
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 12 - Toronto - St. Paul's
City Council Decision
City Council on March 20 and 21, 2024, adopted the following:
1. City Council amend Parks, Forestry and Recreation’s 2024-2033 Capital Budget and Plan for the Davisville Community Pool sub-project in the Pool project, in the amount of $9,835,000 gross and $0 debt, increasing the total project cost from $58,520,000 to $68,355,000 with cash flow commitments in 2026, fully funded by the following sources that have been received in order to proceed with the award of contract for construction of the new community aquatic centre:
a. $6,713,052 from Section 37 funds obtained from the following developments:
|
Development Location |
Internal Order Account (XR3026) |
Amount |
|
87-107 Davisville Avenue and 108-128 Balliol Street |
3700577 |
$198,527.27 |
|
2112-2114 Yonge Street |
3701128 |
$59,297.22 |
|
174-188 Soudan Avenue and 71-73 Redpath Avenue (Formerly 18 Brownlow Avenue) |
3701086 |
$935,531.91 |
|
89-101 Roehampton Avenue |
3701066 |
$929,961.36 |
|
609 Avenue Road |
3700818 |
$32,914.22 |
|
111 St. Clair Avenue West |
3700624 |
$436,129.18 |
|
129 and part of 111 St. Clair Avenue West |
3700862 |
$1,083,112.24 |
|
44 Jackes Avenue and 33 Rosehill Avenue |
3701282 |
$204,916.53 |
|
202-208 St. Clair Avenue West and 2-6 Forest Hill Road |
3701275 |
$2,507,596.07 |
|
2161 Yonge Street |
3701298 |
$325,066.00 |
|
Total |
$6,713,052.00 |
|
b. $3,121,948 from the Section 42 Above 5 percent Cash-in-lieu obtained from the following developments:
|
Development Location |
Internal Order Account (XR2213) |
Amount |
|
8 Highbourne Road |
4200066 |
$149.30 |
|
30 Roehampton Avenue |
4200292 |
$18,621.72 |
|
762 Avenue Road |
4200623 |
$5,828.56 |
|
69 Heath Street West (Part B) |
4200770 |
$5,074.85 |
|
17 Alvin Avenue |
4200899 |
$22,673.70 |
|
740 Avenue Road |
4201146 |
$34,351.29 |
|
145 Chaplin Crescent |
4201228 |
$13,993.81 |
|
39 Roehampton Avenue |
4201385 |
$34,495.28 |
|
471 Oriole Parkway |
4201677 |
$54,334.50 |
|
202 St. Clair Avenue West |
4201719 |
$2,563,893.75 |
|
2100 Yonge Street |
4201729 |
$368,531.24 |
|
Total |
$3,121,948.00 |
|
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-244368.pdf
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-244496.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, need to be waived to permit introduction of Motion MM16.39. A two-thirds vote of Council Members present is required to waive notice.
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM16.39 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.