Item - 2018.MM43.41
Tracking Status
- City Council adopted this item on June 26, 2018 without amendments.
MM43.41 - The Bentway - Authorization to Transfer Section 42 Funds - by Councillor Joe Cressy, seconded by Councillor Mike Layton
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 19 - Trinity-Spadina
City Council Decision
City Council on June 26, 27, 28 and 29, 2018, adopted the following:
1. City Council amend the 2018 Approved Capital Budget for the Waterfront Revitalization Initiative to increase funding by $500,000 from $24 million to $24.5 million for the capital project named CWR003-26 The Bentway; the additional funding of $500,000 to be funded by Section 42 Alternate Rate Cash in lieu of Parkland; and with an increased cash flow from $3.5 million to $4 million in 2018 for the purpose of funding an extension of the project into Ward 20 from the following development:
a. 120 and 130 Harbour Street, secured for Section 42 Alternate Rate Cash in lieu of Parkland, in the amount of $500,000 (source account XR2213-4200474)
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2018/mm/bgrd/backgroundfile-117670.pdf
(June 27, 2018) Fiscal Impact Statement from the Interim Chief Financial Officer
https://www.toronto.ca/legdocs/mmis/2018/mm/bgrd/backgroundfile-118472.pdf
Motions (City Council)
That Councillor Joe Cressy be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Authorization to Transfer Section 42 Funds to The Bentway
Reason for Urgency:
This Motion is urgent to allow design and construction advancement to continue on schedule.
Vote (Introduce Motion without Notice) Jun-26-2018 6:57 PM
| Result: Carried | Two-Thirds full Council Required - Add urgent motion - Cressy |
|---|---|
| Total members that voted Yes: 35 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, Jon Burnside, John Campbell, Christin Carmichael Greb, Gary Crawford, Joe Cressy, Janet Davis, Glenn De Baeremaeker, Justin J. Di Ciano, Frank Di Giorgio, Sarah Doucette, John Filion, Michael Ford, Mark Grimes, Jim Hart, Stephen Holyday, Norman Kelly, Mike Layton, Giorgio Mammoliti, Josh Matlow, Mary-Margaret McMahon, Miganoush Megardichian, Joe Mihevc, Frances Nunziata (Chair), James Pasternak, Gord Perks, Anthony Perruzza, Jaye Robinson, Michael Thompson, John Tory, Lucy Troisi, Jonathan Tsao, Kristyn Wong-Tam |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 10 | Members that were absent are Josh Colle, Vincent Crisanti, Paula Fletcher, Mary Fragedakis, Michelle Holland, Jim Karygiannis, Denzil Minnan-Wong, Cesar Palacio, Neethan Shan, David Shiner |
Vote (Adopt Item) Jun-27-2018 3:36 PM
| Result: Carried | Majority Required - MM43.41 - Adopt the item |
|---|---|
| Total members that voted Yes: 43 | Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bailão, John Campbell, Christin Carmichael Greb, Josh Colle, Gary Crawford, Joe Cressy, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Justin J. Di Ciano, Frank Di Giorgio, Sarah Doucette, John Filion, Paula Fletcher, Michael Ford, Mary Fragedakis, Mark Grimes, Jim Hart, Michelle Holland, Stephen Holyday, Jim Karygiannis, Norman Kelly, Mike Layton, Giorgio Mammoliti, Josh Matlow, Mary-Margaret McMahon, Miganoush Megardichian, Joe Mihevc, Denzil Minnan-Wong, Frances Nunziata (Chair), Cesar Palacio, James Pasternak, Gord Perks, Jaye Robinson, Neethan Shan, David Shiner, Michael Thompson, John Tory, Lucy Troisi, Jonathan Tsao, Kristyn Wong-Tam |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 2 | Members that were absent are Jon Burnside, Anthony Perruzza |