Item - 2024.MM18.11
Tracking Status
- City Council adopted this item on May 22 and 23, 2024 without amendments.
MM18.11 - Authorization to Release Section 37 Funds from Various Developments for Streetscape Improvements to Draper Street - by Deputy Mayor Ausma Malik, seconded by Councillor Gord Perks
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 10 - Spadina - Fort York
City Council Decision
City Council on May 22 and 23, 2024, adopted the following:
1. City Council increase the 2024-2033 Capital Budget and Plan for Transportation Services Neighbourhood Improvements by $500,000 for streetscape improvements to Draper Street between Front Street West and Wellington Street West (CTP424-05), fully funded by Section 37 community benefits secured for streetscape improvements on Draper Street from the development at 410, 440, 444, 450 and 462 Front Street West; 425, 439, 441 and 443 Wellington Street West; 6-18 Spadina Avenue and 1 and 19 Draper Street (Source Account: XR3026-3700900).
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-245746.pdf
(May 23, 2024) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-246051.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM18.11 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.