Item - 2022.MM47.46
Tracking Status
- City Council adopted this item on July 19, 2022 without amendments.
MM47.46 - Release of Section 37 funds to the Weston Historical Society for the installation of new or repair of "Welcome to Weston" signs at locations in the Weston Community - by Councillor Frances Nunziata, seconded by Councillor Brad Bradford
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 6 - York Centre
City Council Decision
City Council on July 19, 20, 21 and 22, 2022, adopted the following:
1. City Council increase the 2022 Approved Operating Budget for Non-Program by $50,174.00 gross, $0 net, on a one-time basis, fully funded by Section 37 community benefits obtained in the development of the lands known as 10 Wilby Crescent (Source Account: XR3026-3701137), for the purpose of forwarding funds to the Weston Historical Society for installing new or replacing "Welcome to Weston" signs at various locations in the Weston Community (Cost Centre: NP2161).
2. City Council direct that the $50,174.00 be forwarded to the Weston Historical Society, subject to the Weston Historical Society signing an Undertaking governing the use of the funds and the financial reporting requirements.
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2022/mm/bgrd/backgroundfile-228715.pdf
(July 19, 2022) Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2022/mm/bgrd/backgroundfile-228969.pdf
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM47.46 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.