Item - 2017.EX26.31

Tracking Status

  • City Council adopted this item on July 4, 2017 without amendments and without debate.
  • This item was considered by the Executive Committee on June 19, 2017 and adopted without amendment. It will be considered by City Council on July 4, 2017.
  • See also BU33.5

EX26.31 - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)

Decision Type:
ACTION
Status:
Adopted on Consent
Wards:
3 - Etobicoke Centre, 8 - York West, 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 30 - Toronto-Danforth

City Council Decision

City Council on July 4, 5, 6  and 7, 2017, adopted the following::

 

1. City Council authorize the reallocation of funds within the Approved 2017 Capital Budget for Facilities, Real Estate, Environment and Energy in the amount of $0.751 million, as illustrated in Schedule A to the report (May 24, 2017) from the Chief Corporate Officer, with zero gross and net debt impact.

Background Information (Committee)

(May 24, 2017) Report from the Chief Corporate Officer on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104666.pdf
Schedule "A" - 2017 Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104667.pdf

31a - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)

Background Information (Committee)
(June 9, 2017) Letter from the Budget Committee on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104867.pdf

EX26.31 - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)

Decision Type:
ACTION
Status:
Adopted
Wards:
3 - Etobicoke Centre, 8 - York West, 27 - Toronto Centre-Rosedale, 28 - Toronto Centre-Rosedale, 30 - Toronto-Danforth

Committee Recommendations

The Executive Committee recommends that:

 

1. City Council authorize the reallocation of funds within the 2017 Council Approved Capital Budget for Facilities, Real Estate, Environment and Energy (FREEE) in the amount of $0.751 million, as illustrated in Schedule A to the report (May 24, 2017) from the Chief Corporate Officer, with zero gross and net debt impact.

Origin

(May 24, 2017) Report from the Chief Corporate Officer

Summary

The purpose of this report is 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 and will better align 2017 and future cash flows with Facilities, Real Estate, Environment and Energy program requirements.

Background Information

(May 24, 2017) Report from the Chief Corporate Officer on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104666.pdf
Schedule "A" - 2017 Budget Adjustments
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104667.pdf

Motions

1 - Motion to Adopt Item moved by Councillor Gary Crawford (Carried)

That the recommendations in the letter (June 9, 2017) from the Budget Committee [Item EX26.31a] be adopted.

31a - Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)

Origin
(June 9, 2017) Letter from the Budget Committee
Summary

The purpose of this report is 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 and will better align 2017 and future cash flows with Facilities, Real Estate, Environment and Energy program requirements.

Background Information
(June 9, 2017) Letter from the Budget Committee on Facilities 2017 Capital Budget and 2018 - 2026 Capital Plan Adjustments and Accelerations / Deferrals (June)
https://www.toronto.ca/legdocs/mmis/2017/ex/bgrd/backgroundfile-104867.pdf
Source: Toronto City Clerk at www.toronto.ca/council