Item - 2025.MM32.15

City Council on July 23 and 24, 2025, adopted the following:

1. City Council increase the 2025-2034 Capital Budget and Plan for Parks and Recreation by $250,000 gross and $0 debt, fully funded by:

a. Section 37 community benefits obtained from the development at 5 Scrivener Square, 4-10 & 10R Price Street, and 1095-1107 Yonge Street, secured for community benefits (Source Account: XR3026-3701326), in the amount of $250,000;

for the purpose of funding the detailed design of a comprehensive restoration of the Vale of Avoca Ravine, including erosion control, slope stabilization, trail access, native planting, and the creation of a continuous and accessible ravine trail.

2. City Council direct that the Vale of Avoca design work be coordinated as an interdivisional project between Parks and Recreation and Toronto Water, and consider integration with the City’s Ravine Strategy and long-distance trail network, including connections to the Beltline, Loop Trail, and other adjacent natural assets, in consultation with the Toronto and Region Conservation Authority and the Midtown Ravines Group.

3. City Council authorize the General Manager, Parks and Recreation, to negotiate and enter into any agreements, including with the Toronto and Region Conservation Authority and the Midtown Ravines Group, as required to undertake the project, on terms and conditions satisfactory to the General Manager and in a form satisfactory to the City Solicitor, subject to available funding.

4. City Council direct that prior to any capital funds from the Midtown Ravines Group being accepted by the City for this project, staff report back to City Council to seek authority to accept the funds, and that such authority be obtained before any associated project costs are added to the 10-Year Capital Budget and Plan for Parks and Recreation.