Item - 2022.MM42.45
Tracking Status
- City Council adopted this item on April 6, 2022 without amendments.
MM42.45 - Release of Section 37 Funds from various developments to MABELLEarts for Capital Improvements to Mabelle Parkette - by Councillor Mark Grimes, seconded by Councillor Gary Crawford
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 3 - Etobicoke - Lakeshore
City Council Decision
City Council on April 6 and 7, 2022 adopted the following:
1. City Council increase the Council Approved 2022 Operating Budget for Non-Program, by $500,000 gross, $0 net, on a one-time basis, for transfer to MABELLEarts for the purpose of undertaking capital improvements to Mabelle Parkette (Cost Centre NP2161), fully funded by Section 37 and Section 45(9) (Planning Act Reserve Funds) community benefits from the following developments:
a. 50 Michael Power Place, secured for generic community benefits, in the amount of $32,417 (Source Account: XR3028-4500123);
b. 5145 Dundas Street West (11 Dunbloor Road), for streetscape improvements and heritage initiatives; but which can be redirected for another purpose, in the amount of $167,452 (Source Account: XR3026-3700264); and
c. 5239, 5245 and 5249 Dundas Street West and 3 Aukland Road, secured for the future Westwood YMCA in the Six Points area; but which can be redirected for another purpose, in the amount of $300,131 (Source Account: XR3026-3700929).
2. City Council direct that the $500,000 be forwarded to MABELLEarts, subject to the MABELLEarts signing an Undertaking governing the use of the funds and the financial reporting requirements.
Background Information (City Council)
Motions (City Council)
That Councillor Mark Grimes be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning:
Release of Section 37 Funds from Various Developments to MABELLEarts for Capital Improvements to Mabelle Parkette
Reason for Urgency:
This Motion is urgent as there is a need to utilize the funds in the motion for the Mabelle Parkette Project. MABELLEarts has been awarded over $700,000 from the Federal Revitalization Program (maximizing COVID recovery through capital infrastructure investment). In order to meet funding obligations, MABELLEarts must be able to complete the MABELLE clubhouse by December 31st 2022.