Item - 2024.MM18.13
Tracking Status
- City Council adopted this item on May 22, 2024 without amendments.
MM18.13 - Authorization to Release Section 37 Funds and Section 45 Funds to Enhance Access to Recreation at the Regent Park Athletic Grounds - by Councillor Chris Moise, seconded by Councillor Paula Fletcher
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 13 - Toronto Centre
City Council Decision
City Council on May 22 and 23, 2024, adopted the following:
1. City Council amend Parks, Forestry and Recreation’s 2024 Capital Budget and 2025-2033 Capital Plan to create a new Service Improvement capital sub-project known as Regent Park Storage Shed and Zamboni Storage Hut in the Arena project, with a project cost of $433,655 gross and $0 debt in 2024, and cash flow commitments of $25,000 in 2024 and $408,655 in 2025, fully funded by Section 37 and 45 funds received from 88 Queen Street East, 10 Mutual Street and parts of 30-50 Mutual Street, to proceed with a new storage shed and electrified zamboni storage hut at Regent Park Outdoor Artificial Ice Rink to address community programming at the recreational facility:
a. $100,655 from Section 37 received from 88 Queen Street East, 10 Mutual Street and parts of 30-50 Mutual Street (Source Account: XR3026-3701155), with cash flow commitments of $25,000 in 2024 and $75,655 in 2025; and
b. $333,000 from Section 45 received from 88 Queen Street East, 10 Mutual Street and parts of 30-50 Mutual Street (Source Account: XR3028-4500247), with cash flow commitments in 2025.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-245749.pdf
(May 23, 2024) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-246050.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM18.13 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.