Item - 2024.MM22.32
Tracking Status
- City Council adopted this item on October 9, 2024 with amendments.
MM22.32 - Authorization to Release Section 37 Funds for a New Skating Rink at Harbourfront Centre - by Deputy Mayor Ausma Malik, seconded by Councillor Amber Morley
- Decision Type:
- ACTION
- Status:
- Amended
- Ward:
- 10 - Spadina - Fort York
City Council Decision
City Council on October 9 and 10, 2024, adopted the following:
1. City Council increase the 2024 Operating Budget for Economic Development and Culture on a one-time basis by $425,000.00 gross and $0 net, fully funded by Section 37 community benefits obtained in the development at 64-86 Bathurst Street (Source Account: XR3026-3701279), for the purpose of forwarding funds to Harbourfront Centre for the installation of a skating rink (Cost Centre: AH0017).
2. City Council authorize the General Manager, Economic Development and Culture, to enter into and execute a funding agreement with Harbourfront Centre that governs the use of the funds, on such terms deemed necessary and appropriate by the General Manager, Economic Development and Culture, and in a form satisfactory to the City Solicitor.
Background Information (City Council)
Motions (City Council)
That Deputy Mayor Ausma Malik be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Release Section 37 Funds for a New Skating Rink at Harbourfront Centre
Reason for Urgency:
This Motion is urgent because funds are needed prior to the next regular meeting of City Council to ensure that the rink can be prepared in time for the winter season.
That in accordance with the provisions of Chapter 27, Council Procedures, City Council reconsider Item MM22.32.
That City Council amend Recommendation 1 by deleting the words "335, 355 King Street West and 119 Blue Jays Way" and "XR3026-3701332" and replacing them with "64-86 Bathurst Street" and XR3026-3701279" so that it now reads as follows:
1. City Council increase the 2024 Operating Budget for Economic Development and Culture on a one-time basis by $425,000.00 gross and $0 net, fully funded by Section 37 community benefits obtained in the development at 335, 355 King Street West and 119 Blue Jays Way 64-86 Bathurst Street (Source Account: XR3026-3701332 XR3026-3701279), for the purpose of forwarding funds to Harbourfront Centre for the installation of a skating rink (Cost Centre: AH0017).