Item - 2016.EX15.15
Tracking Status
- City Council adopted this item on June 7, 2016 without amendments and without debate.
- This item was considered by the Executive Committee on May 24, 2016 and adopted without amendment. It will be considered by City Council on June 7, 2016.
- See also BU20.2
EX15.15 - Adjustment to the 2016 - 2025 Parks, Forestry and Recreation Capital Budget and Plan to Fund the Acquisition of 47 Cedarcrest Boulevard
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Ward:
- 31 - Beaches-East York
City Council Decision
City Council on June 7, 8 and 9, 2016, adopted the following:
1. City Council adjust the 2016-2025 Parks, Forestry and Recreation Capital Budget and Plan by adding a new capital sub-project known as "Acquisition of 47 Cedarcrest Boulevard" with a cash flow identified in Confidential Attachment 1 to the report (April 11, 2016) from the General Manager, Parks, Forestry and Recreation to be funded from the Parkland Acquisition – East York Local Land Reserve Fund (XR2033) until depleted, the Parkland Acquisition – East York Reserve Fund (XR2055) until depleted; with the balance from Parkland Acquisition South District Local Land Reserve Fund (XR2208).
2. City Council direct that Confidential Attachment 1 to the report (April 11, 2016) from the General Manager, Parks, Forestry and Recreation remain confidential under the provisions of the City of Toronto Act, 2006, as it relates to the acquisition of property by the City.
3. City Council authorize the public release of the confidential information and recommendations contained in Confidential Attachment 1 to the report (April 11, 2016) from the General Manager, Parks, Forestry and Recreation following the closing of any purchase transaction.
Confidential Attachment 1 to the report (April 11, 2016) from the General Manager, Parks, Forestry and Recreation remains confidential in its entirety at this time in accordance with the provisions of the City of Toronto Act, 2006, as it relates acquisition of property by the City. The Confidential information and Confidential recommendations contained in Confidential Attachment 1 to the report (April 11, 2016) from the General Manager, Parks, Forestry and Recreation will be made public following the closing of any purchase transaction.
Confidential Attachment - A proposed or pending acquisition or sale of land for municipal or local board purposes
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2016/ex/bgrd/backgroundfile-92611.pdf
(April 11, 2016) Report and Attachment 2 from the General Manager, Parks, Forestry and Recreation on Adjustment to the 2016 - 2025 Parks, Forestry and Recreation Capital Budget and Plan to Fund the Acquisition of 47 Cedarcrest Boulevard
https://www.toronto.ca/legdocs/mmis/2016/ex/bgrd/backgroundfile-92608.pdf
Confidential Attachment 1
EX15.15 - Adjustment to the 2016 - 2025 Parks, Forestry and Recreation Capital Budget and Plan to Fund the Acquisition of 47 Cedarcrest Boulevard
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 31 - Beaches-East York
Confidential Attachment - A proposed or pending acquisition or sale of land for municipal or local board purposes
Committee Recommendations
The Executive Committee recommends that:
1. City Council adjust the 2016-2025 Parks, Forestry and Recreation Capital Budget and Plan by adding a new capital sub-project known as "Acquisition of 47 Cedarcrest Boulevard" with a cash flow identified in Confidential Attachment 1 to the report (April 11, 2016) from the General Manager, Parks, Forestry and Recreation to be funded from the Parkland Acquisition – East York Local Land Reserve Fund (XR2033) until depleted, the Parkland Acquisition – East York Reserve Fund (XR2055) until depleted; with the balance from Parkland Acquisition South District Local Land Reserve Fund (XR2208).
2. City Council direct that Confidential Attachment 1 to the report (April 11, 2016) from the General Manager, Parks, Forestry and Recreation remain confidential under the provisions of the City of Toronto Act, 2006, as it relates to the acquisition by the City of property.
3. City Council authorize the public release of the confidential information and recommendations contained in Confidential Attachment 1 to the report (April 11, 2016) from the General Manager, Parks, Forestry and Recreation following the closing of any purchase transaction.
Origin
Summary
The purpose of this report is to obtain authority from City Council to adjust the 2016 – 2025 Capital Budget and Plan for Parks, Forestry and Recreation by creating a new capital sub-project, in the Land Acquisition project, to fund the acquisition of 47 Cedarcrest Boulevard for parkland purposes.
Background Information
https://www.toronto.ca/legdocs/mmis/2016/ex/bgrd/backgroundfile-92611.pdf
(April 11, 2016) Report and Attachment 2 from the General Manager, Parks, Forestry and Recreation on Adjustment to the 2016 - 2025 Parks, Forestry and Recreation Capital Budget and Plan to Fund the Acquisition of 47 Cedarcrest Boulevard
https://www.toronto.ca/legdocs/mmis/2016/ex/bgrd/backgroundfile-92608.pdf
Confidential Attachment 1