Item - 2026.MM40.41
Tracking Status
- City Council adopted this item on April 22 and 23, 2026 without amendments.
MM40.41 - Authorization to Release Section 37 Funds to Midtown Yonge Business Improvement Area for Implementation Two Interactive Public Murals at 2075 Yonge Street and 1980 Yonge Street - by Councillor Josh Matlow, seconded by Councillor Mike Colle
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- 8 - Eglinton - Lawrence, 12 - Toronto - St. Paul's
City Council Decision
City Council on April 22 and 23, 2026, adopted the following:
1. City Council increase the 2026 Operating Budget for Non-Program on a one-time basis by $48,000 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 39, 41 Roehampton Avenue and 50 Eglinton Avenue East (Source Account: XR3026-3701067), secured for public realm improvements, to install two outdoor murals near the intersection of Yonge Street and Manor Road East (Cost Centre: NP2161).
2. City Council direct that the $48,000 be forwarded to the Midtown Yonge Business Improvement Area upon the signing of an Undertaking that governs the use of the funds and the financial reporting requirements.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2026/mm/bgrd/backgroundfile-286367.pdf
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2026/mm/bgrd/backgroundfile-286402.pdf
Communications (City Council)
Motions (City Council)
That Councillor Josh Matlow be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Release Section 37 Funds to Midtown Yonge Business Improvement Area for Implementation Two Interactive Public Murals at 2075 Yonge Street and 1980 Yonge Street
Reason for Urgency:
This Matter is considered urgent as the murals are to be completed as a part of an upcoming community festival in Spring 2026 and the BIA urgently requires the funding to move forward.