Item - 2016.MM20.26
Tracking Status
- City Council adopted this item on July 12, 2016 without amendments.
MM20.26 - Authorization to Release Section 45 Funds from the Development at 3401 Dufferin Street for Public Art at Yorkdale Subway Station - by Councillor Josh Colle, seconded by Councillor Joe Mihevc
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 15 - Eglinton-Lawrence
City Council Decision
City Council on July 12, 13, 14 and 15, 2016, adopted the following:
1. City Council amend the approved 2016 Capital Budget for the Toronto Transit Commission, in the amount of $47,000.00 gross, $0 net, on a one-time basis, fully funded by Section 45 funds obtained in the development at 3401 Dufferin Street (source account: XR3028-4500165) to supplement the Toronto Transit Commission's Public Art Strategy for the Yorkdale Station (Engineering Construction and Expansion Department – Easier Access Phase III Project).
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2016/mm/bgrd/backgroundfile-94813.pdf
(July 13, 2016) Fiscal Impact Statement from the Deputy City Manager and Chief Financial Officer
https://www.toronto.ca/legdocs/mmis/2016/mm/bgrd/backgroundfile-95071.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM20.26 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.