Item - 2021.MM35.9

Tracking Status

City Council adopted this item on July 14, 2021 without amendments.
See also 2021.EX27.11

MM35.9 - Supporting Small Businesses During the Pandemic by Eliminating Unfair Interest Payments - by Councillor Kristyn Wong-Tam, seconded by Councillor Brad Bradford

Decision Type:: ACTION

Status:: Adopted

Wards:: All

City Council Decision

City Council on July 14, 15 and 16, 2021, adopted the following:

1. City Council direct the City Manager to review and report back to the September 30, 2021 meeting of City Council on the property tax deferral program implemented through a special by-law brought during COVID-19 to retroactively eliminate interest payments on late payments accumulated during the deferral period for approved applicants.

Background Information (City Council)

Member Motion MM35.9
https://www.toronto.ca/legdocs/mmis/2021/mm/bgrd/backgroundfile-169058.pdf

Motions (City Council)

Motion to Waive Referral (Carried)

Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM35.9 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)