Item - 2024.MM23.3
Tracking Status
- City Council adopted this item on November 13, 2024 without amendments.
MM23.3 - Authorization to Release Section 37 Funds for the Glen Road Pedestrian Bridge and Tunnel Project - by Councillor Chris Moise, seconded by Deputy Mayor Ausma Malik
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 11 - University - Rosedale
City Council Decision
City Council on November 13 and 14, 2024, adopted the following:
1. City Council increase the 2024-2033 Capital Budget and Plan for Transportation Services on a one-time basis by approving total project costs of $707,000 gross, $0 debt, for implementation of public realm improvements and enhanced security features to the Glen Road Pedestrian Bridge and Tunnel project (CPT818-74); funded by section 37 (Planning Act Reserve Fund) community benefits obtained from 6, 8, 10, 12, 14 and 16 Glen Road; 4, 6, 58, 60, 62, 64, 76 and 100 Howard Street; and 603, 605, 607, 609 and 611 Sherbourne Street (Source Account XR3026-3701030), in the amount of $707,000.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-249999.pdf
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2024/mm/bgrd/backgroundfile-250614.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM23.3 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.