Item - 2025.MM28.14
Tracking Status
- City Council adopted this item on March 26 and 27, 2025 without amendments.
MM28.14 - Authorization to Release Section 37 Funds for Clocktower Trail Streetscape Improvements - by Councillor Chris Moise, seconded by Councillor Shelley Carroll
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 13 - Toronto Centre
City Council Decision
City Council on March 26 and 27, 2025, adopted the following:
1. City Council increase the 2025-2034 Capital Budget and Plan for Transportation Services on a one-time basis by $200,000.00 gross and $0 debt, to provide streetscape and pedestrian safety improvements, including but not limited to mid-block curb extensions, seating, and other measures at Maitland Street near Yonge Street, Alexander Street near Yonge Street and Grosvenor Street near Bay Street (Cost Centre: CTP425-01), fully funded by Section 37 community benefits obtained from the development at 501-521 Yonge Street, 6-8 Alexander Street and 23 Maitland Street (Source Account: XR3026-3700798).
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2025/mm/bgrd/backgroundfile-253864.pdf
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2025/mm/bgrd/backgroundfile-254089.pdf
Communications (City Council)
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM28.14 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.