Item - 2024.MM24.26
Tracking Status
- City Council adopted this item on December 17 and 18, 2024 without amendments.
MM24.26 - Continuing to Support Small Businesses Through Partnership with Digital Main Street - by Councillor Chris Moise, seconded by Councillor Alejandra Bravo
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 13 - Toronto Centre
City Council Decision
City Council on December 17 and 18, 2024, adopted the following:
1. City Council authorize the General Manager, Economic Development and Culture, to provide a financial contribution to the Toronto Association of Business Improvement Areas to a total of up to $250,000 in 2024 and a further $200,000 in 2025, subject to funds being available in the 2025 budget, for costs associated with Digital Main Street Program delivery to benefit small businesses in Toronto.
2. City Council authorize the General Manager, Economic Development and Culture, to negotiate, enter into and execute on behalf of the City a funding agreement with the Toronto Association of Business Improvement Areas for a two-year term with a total contribution amount of up to $450,000, subject to funds being available in the 2025 budget, on such terms as 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)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, need to be waived to permit introduction of Motion MM24.26. A two-thirds vote of Council Members present is required to waive notice.
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM24.26 be referred to the Economic and Community Development Committee. A two-thirds vote of the Council Members present is required to waive referral.