Item - 2024.MM19.20
Tracking Status
- City Council adopted this item on June 26 and 27, 2024 without amendments.
MM19.20 - Authorization to Release Section 37 Funds from Various Developments to Support Toronto Transit Commission Station Upgrades in Ward 11, University-Rosedale - by Councillor Dianne Saxe, seconded by Councillor Jamaal Myers
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 11 - University - Rosedale
City Council Decision
City Council on June 26 and 27, 2024, adopted the following:
1. Council increase the 2024 Operating Budget for the Toronto Transit Commission by $915,000.00 gross and $0 net, fully funded by Section 37 community benefits obtained from the developments at 86-100 Bloor Street West, subject to the enactment of Bills to give effect to City Council’s decision on Item 2024.TE13.3 for the purpose of providing one-time funding to the Toronto Transit Commission for capital upgrades at subway stations within Ward 11, University-Rosedale:
a. installation of Indigenous public art in the Spadina Station walkway; and
b. tile upgrades to walls and floors at Dupont Station.
|
Development Location |
Source Account (XR3026) |
Amount |
|
86-100 Bloor Street West |
3700153 |
$503,451.01 |
|
13-21 Balmuto Street |
3700188 |
$219,735.67 |
|
4,6,8 St. Thomas Street, and 100-110 Charles Street West |
3700641
|
$191,813.32
|
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-246849.pdf
(June 26, 2024) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-247221.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM19.20 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.