Item - 2018.MM39.8
Tracking Status
- City Council adopted this item on April 24, 2018 without amendments.
MM39.8 - Request to Amend the 2018 Parks Forestry and Recreation Capital Budget for the Berczy Park Construction Project - by Councillor Lucy Troisi, seconded by Councillor Kristyn Wong-Tam
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 28 - Toronto Centre-Rosedale
City Council Decision
City Council on April 24, 25, 26 and 27, 2018, adopted the following:
1. City Council amend the approved 2018 Parks, Forestry and Recreation Capital Budget for the Berczy Park Construction sub-project in the Park Development project, by increasing the project cost by $100,000 from $7,909,536 to $8,009,536 and the 2018 cash flow from $47,678 to $146,678, with funding from the following Section 42 Alternate Rate Cash-in-lieu: $8,092.62 from 40 Scott Street (Source Account: XR2213-4200483); $5,789.71 from 8 The Esplanade (1 Front Street) (Source Account: XR2213-4200415); $3,220.30 from 5-7 The Esplanade (Source Account: XR2213-4200503); $348.88 from 55 Front Street East (Source Account: XR2213-4200079); $9,136.75 from 54-70 Colborne Street (Source Account: XR2213-4200655); and $73,411.74 from 25 Richmond Street East (Clearing Account: 220419).
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2018/mm/bgrd/backgroundfile-114286.pdf
(April 26, 2018) Fiscal Impact Statement from the Interim Chief Financial Officer
https://www.toronto.ca/legdocs/mmis/2018/mm/bgrd/backgroundfile-114681.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM39.8 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.