Item - 2009.EX35.17
Tracking Status
- City Council adopted this item on October 26, 2009 without amendments.
- This item was considered by the Executive Committee on October 5, 2009 and adopted without amendment. It will be considered by City Council on October 26, 2009.
EX35.17 - Toronto Waterfront Renewal Revised 2009 Capital Budget
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
City Council Decision
City Council on October 26 and 27, 2009, adopted the following:
1. City Council approve the following adjustments with no net impact to sub-projects within the “Waterfront Revitalization Initiative” Project in the Waterfront Renewal 2009 Approved Capital Budget:
a. An increase of $3.358 million in 2009 funding for Waterfront Toronto Corporate Costs.
b. An increase of $7.460 million in 2009 funding for Portlands Preparation.
c. An increase of $1.887 million in 2009 funding for Sports Fields, Facilities and Parks Development,
d. An increase of $0.513 million in 2009 funding for Lake Ontario Park (Phase 1).
e. A decrease of $0.843 million in 2009 funding for Port Union Linear Park.
f. A decrease of $0.871 million in 2009 funding for Mimico Linear Park.
g. A decrease of $9.388 million in 2009 funding for Precinct Implementation Projects.
h. A decrease of $1.226 million in 2009 funding for Transportation Initiatives.
i. A decrease of $0.681 million in 2009 funding for the West Don Lands/East Bayfront District Energy.
j. A decrease of $0.020 million in 2009 funding for Pier 4 Rehabilitation.
k. A decrease of $0.055 million in 2009 funding for Urban Planning Resources.
l. A decrease of $0.134 million in 2009 funding for the Waterfront Project Secretariat.
2. City Council approve that the City act as “Eligible Recipient”, and approve the creation of a new project, entitled “Regional Sports Complex Planning and Design”, in the 2009 Capital Budget for Waterfront Renewal with total funding of $3.511 million ($1.231 million in 2009 and $2.280 million in 2010), fully funded by Waterfront Toronto, which has asked the City to act as an “Eligible Recipient” on its behalf.
3. City Council request staff to report to Council as part of the 2010 capital budget process on total project costs, confirmed and projected project revenues and the critical path for delivery of the Regional Sports Complex.
4. City Council authorize and direct appropriate City officials to take the necessary action to give effect thereto.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2009/ex/bgrd/backgroundfile-23785.pdf
Motions (City Council)
That Council direct that the project:
1. not include any surface parking; and
2. be carbon neutral.
Challenged by Councillor Adam Vaughan
Vote (Adopt Item) Oct-26-2009 5:33 PM
| Result: Carried | Majority Required - EX35.17 - Adopt the Item |
|---|---|
| Total members that voted Yes: 31 | Members that voted Yes are Paul Ainslie, Brian Ashton, Sandra Bussin (Chair), Raymond Cho, Mike Del Grande, Frank Di Giorgio, John Filion, Paula Fletcher, Mark Grimes, Suzan Hall, A.A. Heaps, Doug Holyday, Cliff Jenkins, Norman Kelly, Chin Lee, Gloria Lindsay Luby, Pam McConnell, Peter Milczyn, Ron Moeser, Howard Moscoe, Frances Nunziata, Case Ootes, Cesar Palacio, Joe Pantalone, Anthony Perruzza, Kyle Rae, Bill Saundercook, David Shiner, Karen Stintz, Michael Thompson, Michael Walker |
| Total members that voted No: 2 | Members that voted No are Denzil Minnan-Wong, Adam Vaughan |
| Total members that were Absent: 12 | Members that were absent are Maria Augimeri, Shelley Carroll, Janet Davis, Glenn De Baeremaeker, Mike Feldman, Rob Ford, Adam Giambrone, Giorgio Mammoliti, Joe Mihevc, David Miller, John Parker, Gord Perks |
EX35.17 - Toronto Waterfront Renewal Revised 2009 Capital Budget
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Executive Committee recommends that:
1. City Council approve the following adjustments with no net impact to sub-projects within the “Waterfront Revitalization Initiative” Project in the Waterfront Renewal 2009 Approved Capital Budget:
a. An increase of $3.358 million in 2009 funding for Waterfront Toronto Corporate Costs.
b. An increase of $7.460 million in 2009 funding for Portlands Preparation.
c. An increase of $1.887 million in 2009 funding for Sports Fields, Facilities and Parks Development,
d. An increase of $0.513 million in 2009 funding for Lake Ontario Park (Phase 1).
e. A decrease of $0.843 million in 2009 funding for Port Union Linear Park.
f. A decrease of $0.871 million in 2009 funding for Mimico Linear Park.
g. A decrease of $9.388 million in 2009 funding for Precinct Implementation Projects.
h. A decrease of $1.226 million in 2009 funding for Transportation Initiatives.
i. A decrease of $0.681 million in 2009 funding for the West Don Lands/East Bayfront District Energy.
j. A decrease of $0.020 million in 2009 funding for Pier 4 Rehabilitation.
k. A decrease of $0.055 million in 2009 funding for Urban Planning Resources.
l. A decrease of $0.134 million in 2009 funding for the Waterfront Project Secretariat.
2. City Council approve that the City act as “Eligible Recipient”, and approve the creation of a new project, entitled “Regional Sports Complex Planning and Design”, in the 2009 Capital Budget for Waterfront Renewal with total funding of $3.511 million ($1.231 million in 2009 and $2.280 million in 2010), fully funded by Waterfront Toronto, which has asked the City to act as an “Eligible Recipient” on its behalf.
3. City Council request staff to report to Council as part of the 2010 capital budget process on total project costs, confirmed and projected project revenues and the critical path for delivery of the Regional Sports Complex.
4. City Council authorize and direct appropriate City officials to take the necessary action to give effect thereto.
Origin
Summary
This report seeks approval to reallocate $13.218 million of funding among various sub-projects within the “Waterfront Revitalization Initiative” Project in the 2009 Approved Capital Budget for Waterfront Renewal. This change reflects Waterfront Toronto’s updated financial requirements for the year, and ensures that Federal funds are expended by March 31, 2011, the current Federal sunset date for the Waterfront Initiative.
The proposed adjustments will not affect implementation of any on-going priority Waterfront projects.
The City’s contribution to the 2009 Capital Budget for the “Waterfront Revitalization Initiative” Project will remain unchanged at the approved level of $70.713 million. The City’s overall net contribution to Waterfront Renewal will also remain unchanged at $500.000 million.
The report also seeks approval for the creation of a new project in the Capital Budget for Waterfront Renewal entitled “Regional Sports Complex Planning and Design” with a total funding of $3.511 million, fully funded by Waterfront Toronto. The City has been asked by Waterfront Toronto to implement this initiative on its behalf as the “Eligible Recipient”. Initial activities will focus on planning, design, environmental work and business planning. This work is included in the tri-government Long-Term Funding Plan for Waterfront Renewal. It is also recommended that staff report to Council as part of the 2010 capital budget process on total project costs, confirmed and projected revenue sources and the critical path for delivery of the Regional Sports Complex.
Financial Impact
This report seeks approval to reallocate $13.218 million of funding among various sub-projects under the “Waterfront Revitalization Initiative” Project in the 2009 Approved Capital Budget for Waterfront Renewal to reflect Waterfront Toronto’s updated financial requirements for the year, and to ensure that Federal funds are expended by March 31, 2011, the current Federal sunset date for this Initiative.
The City’s contribution to the 2009 Capital Budget for the “Waterfront Revitalization Initiative” Project will remain unchanged at the approved funding level of $70.713 million. The City’s overall net contribution to Waterfront Renewal will also remain unchanged at $500.000 million.
The table below summarizes the recommended adjustments:
|
Sub-Projects ($000’s)
|
Adjustments |
|
Waterfront Toronto Corporate Costs Portlands Preparation Sports Fields, Facilities & Parks Development Lake Ontario Park (Phase 1) |
3,358 7,460 1,887 513 |
|
Sub-Total Proposed Increases |
13,218 |
|
Port Union Mimico Precinct Implementation Projects Transportation Initiatives WDL/EBF District Energy Pier 4 Rehabilitation Urban Planning Resources Waterfront Project Secretariat |
(843) (871) (9,388) (1.226) (681) (20) (55) (134) |
|
Sub-Total Proposed Decreases |
(13,218) |
|
Total Adjustments |
0 |
The report also seeks approval for the creation of a new project in the Capital Budget for Waterfront Renewal entitled “Regional Sports Complex Planning and Design” with total funding of $3.511 million ($1.231 million in 2009 and $2.280 million in 2010), fully funded by Waterfront Toronto, which has asked the City to implement this initiative on its behalf as an “Eligible Recipient”.
The Deputy City Manager and Chief Financial Officer has reviewed this report and agrees with the financial impact information.
Background Information
https://www.toronto.ca/legdocs/mmis/2009/ex/bgrd/backgroundfile-23785.pdf