Item - 2017.BU33.9
Tracking Status
- This item was considered by Budget Committee on June 9, 2017 and was adopted without amendment.
- See also EX26.35
BU33.9 - Adjustment to the 2017-2026 Capital Budget and Plan for Transportation Services - McBride Lane
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 23 - Willowdale
Committee Decision
The Budget Committee recommends that:
1. City Council increase the 2017 Capital Budget for Transportation Services by $0.500 million gross and $0 debt, for the North York Service Road project (CTP-800-8) to construct the McBride Lane Access Road, fully funded by $0.450 million from the Development Charge Reserve Fund - Roads (XR 2110) and $0.050 million from Section 37 contributions from Planning Act Reserve Funds (XR3026-3700178).
Origin
Summary
This report requests authority to increase the 2017 Capital Budget for Transportation Services by $0.500 million gross and $0 debt, for the design and construction of the McBride Lane Access Road as a component of the North York Service Road project. These costs will be fully funded by the Development Charge Reserve Fund - Roads (XR2110) and Section 37 contributions from Planning Act Reserve Funds (XR3026-3700178).
McBride Lane, which provides access to a residential townhouse complex opposite Elleslie Avenue and Beecroft Road was constructed with a skewed intersection at Beecroft Road as an interim condition. Following the transfer of lands to the City, the McBride Land Access Road is planned to be constructed to form a four-legged intersection with Beecroft Road and Ellerslie Avenue (Attachment 1).
The property required to complete the McBride Lane Access Road has recently been secured through a Section 37 Agreement with the developer of 5220 Yonge Street.
Background Information
https://www.toronto.ca/legdocs/mmis/2017/bu/bgrd/backgroundfile-104358.pdf