Item - 2016.MM20.31
Tracking Status
- City Council adopted this item on July 12, 2016 without amendments.
MM20.31 - Authorization to Release Section 37 funds to Waterfront Toronto for the Provision of Public Art as part of the Council-Approved East Bayfront Public Art Master Plan - by Councillor Pam McConnell, seconded by Councillor Gary Crawford
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 28 - Toronto Centre-Rosedale
City Council Decision
City Council on July 12, 13, 14 and 15, 2016, adopted the following:
1. City Council increase the approved 2016 Capital Budget and 2017-2025 Capital Plan for the Waterfront Secretariat (CWR003-10) by $3,122,024.74 gross, $0 net, in order to facilitate the implementation of the East Bayfront Public Art Master Plan, fully funded by Section 37 funds obtained from the following developments:
a. 261 Queens Quay East, secured for public art (source account: XR3026-3700680);
b. 12 Bonnycastle Street, secured for public art (source account: XR3026-3700697);
c. 132 Queens Quay East, secured for public art (source account 220096); and
d. 255 Queens Quay East secured for public art (source account 220096).
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2016/mm/bgrd/backgroundfile-94878.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-95076.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM20.31 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.