Item - 2021.MM30.9
Tracking Status
- City Council adopted this item on March 10, 2021 without amendments.
MM30.9 - Authorization to Release Section 37 Funds from the Development at 751 King Street West for streetscape improvements in the Ossington Business Improvement Area - by Councillor Joe Cressy, seconded by Councillor Mike Layton
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 10 - Spadina - Fort York
City Council Decision
City Council on March 10, 2021, adopted the following:
1. City Council amend the Approved 2021 Capital Budget for Economic Development and Culture by increasing the PAR Ossington Avenue project (CED104-79) by $50,000 gross and $0 debt in project cost and cash flow funding of $50,000 in 2021, fully funded by Section 37 funds obtained in the development at 751 King Street West (Source Account: XR3026-3700333), for completing public art and streetscape improvements in the Ossington Business Improvement Area.
Background Information (City Council)
Motions (City Council)
Motion
to Waive Referral
(Carried)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM30.9 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.
Motion
to Adopt Item
(Carried)