Reallocation of Section 37 funds by the York-Eglinton Business Improvement Area for the production of a mural at 1669 Eglinton Avenue West - by Councillor Josh Matlow, seconded Councillor Mike Colle

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The decision

2019-07-16 · Toronto City Council · adopted

As filed

City Council on July 16, 17 and 18, 2019, adopted the following: 1. City Council approve the reallocation, by the York-Eglinton Business Improvement Area, of $5,000.00 in Section 37 funds for the production of a mural at 1669 Eglinton Avenue West, subject to the Business Improvement Area signing an Undertaking governing the use of the funds and the financial reporting requirements.

On the agenda

As the city filed it

Originally started in 1981, the York-Eglinton Business Improvement Area is one of the oldest Business Improvement Areas in the City. Formerly part of the old City of York, the Business Improvement Area has evolved along with the neighbourhood and currently covers the area on Eglinton Avenue between Marlee Avenue and Dufferin Street, going north to Whitmore Avenue. On July 23, 2018 City Council adopted item MM44.80 entitled "1603 Eglinton Avenue West - Release of Section 37 Funds from the Development for Community Benefit and Public Art Projects".

Show the rest of As the city filed it, 1,097 more characters as filed

One of the recommendations adopted by Council provided that the 2018 Approved Operating Budget for Non-Program be increased by $10,000.00 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 1603 Eglinton Avenue West for the purpose of forwarding funds to the York-Eglinton Business Improvement Area, for the production of a mural at 1661 Eglinton Avenue West. Subsequent to Council's approval the $10,000.00 was forwarded to the York-Eglinton Business Improvement Area for the production of a mural at 1661 Eglinton Avenue West. The mural was completed and $5,000 remained unused. As per the executed Undertaking, the unused portion was to be returned to the City, but the Business Improvement Area has requested that the remaining funds be utilized to facilitate the production of a mural that will revitalize the streetscape at 1669 Eglinton Avenue West. This motion seeks Council approval to permit the Business Improvement Area to retain the unused $5,000 and allow it to allocate the funds to the installation of a mural at 1669 Eglinton Avenue West.

Staff recommended

Councillor Josh Matlow, seconded by Councillor Mike Colle, recommends that: 1. City Council approve the reallocation, by the York-Eglinton Business Improvement Area, of $5,000.00 in Section 37 funds for the production of a mural at 1669 Eglinton Avenue West, subject to the Business Improvement Area signing an Undertaking governing the use of the funds and the financial reporting requirements.

On the record

The item as the City filed it

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