Item - 2024.MM19.28
Tracking Status
- City Council adopted this item on June 26 and 27, 2024 without amendments.
MM19.28 - Authorization to Release Section 37 Funds from Various Developments to Community Matters Toronto for Mural Art on Bell Utility Boxes in Eglinton-Lawrence - by Councillor Mike Colle, seconded by Councillor James Pasternak
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 8 - Eglinton - Lawrence
City Council Decision
City Council on June 26 and 27, 2024, adopted the following:
1. City Council increase the 2024 Operating Budget for Non-Program by $28,000 gross, $0 net, for the purpose of providing one-time capital funding to Community Matters Toronto to complete 14 murals on Bell Boxes in various locations in Ward 8 Eglinton-Lawrence, fully funded by Section 37 (Planning Act Reserve Fund) community benefits as follows (Cost Centre: NP2161):
-
$2,000 from the development at 2525 Bathurst Street (Source Account: XR3026-3701153);
-
$10,000 from the development at 2788 Bathurst Street and 515 Glencairn Avenue (Source Account: XR3026-3701210);
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$2,000 from the development at 1580 Avenue Road (Source Account: XR3026-3701016); and
-
$14,000 from the development at 1705, 1717, 1719, 1743, 1745 Avenue Road (Source Account: XR3026-3700260).
2. City Council direct that the funds in Part 1 above be forwarded to Community Matters Toronto upon the signing of an Undertaking that governs the use of the funds and the financial reporting requirements.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-246907.pdf
(June 26, 2024) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-247211.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM19.28 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.