Item - 2026.MM41.16

Tracking Status

  • City Council adopted this item on May 20 and 21, 2026 without amendments.

MM41.16 - Authorization to Release Section 37 Funds - Improving Mercer Street Streetscape - by Deputy Mayor Ausma Malik, seconded by Councillor Chris Moise

Decision Type:
ACTION
Status:
Adopted
Ward:
10 - Spadina - Fort York

City Council Decision

City Council on May 20 and 21, 2026, adopted the following:

 

1. City Council increase the 2026-2035 Capital Budget and Plan for City Planning on a one time-basis by $1,500,000 gross, $0 debt, with cash flows of $375,000 in 2026 and $1,125,000 in 2027, fully funded by Section 37 community benefits obtained from the development at 15 to 35 Mercer Street (Source Account: XR3026-3700919), secured for streetscape improvements on Mercer Street (Cost Centre: CUR054-06).

Background Information (City Council)

Communications (City Council)

(May 20, 2026) E-mail from Nicole Corrado (MM.New)

Motions (City Council)

Motion to Waive Referral (Carried)

Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM41.16 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.


Motion to Adopt Item (Carried)
Source: Toronto City Clerk at www.toronto.ca/council