Item - 2017.EX24.20

Tracking Status

  • City Council adopted this item on April 26, 2017 without amendments.
  • This item was considered by the Executive Committee on April 19, 2017 and adopted without amendment. It will be considered by City Council on April 26, 2017.
  • See also BU31.3

EX24.20 - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments (the First Quarter)

Decision Type:
ACTION
Status:
Adopted
Wards:
All

City Council Decision

City Council on April 26, 27 and 28, 2017, adopted the following:

 

1.  City Council authorize the reallocation of funds in the 2017 Approved Capital Budget Facilities, Real Estate, Environment and Energy in the amount of $1.343 million, as illustrated in Schedule A to the report (March 8, 2017) from the Chief Corporate Officer, with zero gross and net debt impact.

Background Information (Committee)

(March 27, 2017) Letter from the Budget Committee on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments (the First Quarter)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-102356.pdf
(March 8, 2017) Report from the Chief Corporate Officer on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments (the First Quarter)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-102365.pdf
Revised Schedule A - 2017 Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-102366.pdf

Motions (City Council)

Motion to Adopt Item (Carried)

EX24.20 - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments (the First Quarter)

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The Executive Committee recommends that:

 

1.  City Council authorize the reallocation of funds in Facilities, Real Estate, Environment and Energy's 2017 Council Approved Capital Budget in the amount of $1.343 million, as illustrated in Schedule A to the report (March 8, 2017) from the Chief Corporate Officer, with zero gross and net debt impact.

Origin

(March 27, 2017) Letter from the Budget Committee

Summary

This report requests authority to amend the Facilities, Real Estate, Environment and Energy (FREEE) 2017 Council Approved Capital Budget and 2018-2026 Capital Plan.  The amendments will have zero gross and net debt impact corporately and will better align 2017 and future cash flows with Facilities, Real Estate, Environment and Energy program requirements.

Background Information

(March 27, 2017) Letter from the Budget Committee on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments (the First Quarter)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-102356.pdf
(March 8, 2017) Report from the Chief Corporate Officer on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments (the First Quarter)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-102365.pdf
Revised Schedule A - 2017 Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-102366.pdf

Motions

1 - Motion to Adopt Item moved by Councillor Gary Crawford (Carried)
Source: Toronto City Clerk at www.toronto.ca/council