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←Economic and Community Development Committee · 2020-03-10 · 2020.EC12.8

The filed record

Business Improvement Areas (BIAs) - 2020 Operating Budgets - Report 3

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The decision

2020-04-30 · Toronto City Council · amended

As filed

City Council on April 30, 2020, adopted the following: 1. City Council adopt and certify the 2020 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2020 Operating Budget ($) 2020 Levy Funds Required ($) Albion Islington Square 263,680 195,863 Baby Point Gates 95,834 71,303 Bloor Annex 311,370 296,387 Danforth Village 529,355 251,360 Eglinton Hill

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50,123 28,483 Emery Village 3,808,557 2,661,313 Gerrard India Bazaar 358,500 165,923 Korea Town 173,158 77,164 MarkeTo District 131,830 106,000 Midtown Yonge 195,012 185,214 Mimico Village 43,814 31,857 Mirvish Village 120,046 68,649 Mount Dennis 66,958 32,772 Ossington Avenue 117,793 69,496 Queen Street West 500,087 306,733 Regal Heights Village 170,635 72,660 Sheppard East Village 212,110 191,517 The Eglinton Way 443,857 314,934 Upper Village 186,410 112,225 Uptown Yonge 266,070 252,097 Weston Village 260,739 143,713 Wilson Village 850,239 279,565 Wychwood Heights 101,161 36,161 Yonge + St. Clair 756,175 539,415 Total 10,013,513 6,490,804 2. City Council also adopt and certify the 2020 recommended Operating Budget and Levy requirements of the following Business Improvement Area: Business Improvement Area 2020 Operating Budget ($) 2020 Levy Funds Required ($) Dovercourt Village BIA 12,182 8,359 Total 12,182 8,359

The vote

Adopt Item as Amended · Carried, 25-0

For (25)Ana Bailão, Anthony Perruzza, Brad Bradford, Cynthia Lai, Denzil Minnan-Wong, Frances Nunziata, Gary Crawford, Gord Perks, James Pasternak, Jennifer McKelvie, Jim Karygiannis, Joe Cressy, John Filion, John Tory, Josh Matlow, Kristyn Wong-Tam, Mark Grimes, Michael Ford, Michael Thompson, Mike Colle, Mike Layton, Paul Ainslie, Paula Fletcher, Shelley Carroll, Stephen Holyday
Absent (1)Jaye Robinson
The whole record, all 26 members

Every name opens that member’s record.

On the agenda

As the city filed it

This report brings forward Business Improvement Area (BIA) annual Operating Budgets for approval by City Council as required by the City of Toronto Act, 2006. City Council approval is required to permit the City to collect funds through a special tax levy on the commercial and industrial properties within the respective BIA boundaries. There are currently 83 established BIAs in the City of Toronto. The approval by City Council of the 2020 Operating Budgets for 83 BIAs takes multiple phases.

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City Council previously approved the 2020 Operating Budgets for 55 BIAs through Reports 1 and 2 at its meetings on December 17-18, 2019 and January 29, 2020, respectively. One BIA, Historic Queen East, is inactive. Included in this Report 3 is the 2020 Operating Budgets for 24 BIAs for City Council approval. Three BIAs remain outstanding subject to the BIAs' Board of Management and General Membership decisions. City staff will bring forward a final report at the next opportunity to conclude the approval of the 2020 Operating Budgets for the BIAs. The recommendation in this report reflects the Board-adopted 2020 Operating Budgets by the respective BIAs' Boards of Management and General Membership. Complete budgets and supporting documentation have been reviewed by City staff to ensure that the 2020 Operating Budgets for BIAs reflect Council's approved policies and practices.

Staff recommended

The Chief Financial Officer and Treasurer recommends that: 1. City Council adopt and certify the 2020 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2020 Operating Budget ($) 2020 Levy Funds Required ($) Albion Islington Square 263,680 195,863 Baby Point Gates 95,834 71,303 Bloor Annex 311,370 296,387 Danforth Village 529,355 251,360 Eglinton

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Hill 50,123 28,483 Emery Village 3,808,557 2,661,313 Gerrard India Bazaar 358,500 165,923 Korea Town 173,158 77,164 MarkeTo District 131,830 106,000 Midtown Yonge 195,012 185,214 Mimico Village 43,814 31,857 Mirvish Village 120,046 68,649 Mount Dennis 66,958 32,772 Ossington Avenue 117,793 69,496 Queen Street West 500,087 306,733 Regal Heights Village 170,635 72,660 Sheppard East Village 212,110 191,517 The Eglinton Way 443,857 314,934 Upper Village 186,410 112,225 Uptown Yonge 266,070 252,097 Weston Village 260,739 143,713 Wilson Village 850,239 279,565 Wychwood Village 101,161 36,161 Yonge + St. Clair 756,175 539,415 Total 10,013,513 6,490,804

Considered

  • 2020-03-10 · Economic and Community Development Committee · adopted

    Decision as filed

    The Economic and Community Development Committee recommends that: 1. City Council adopt and certify the 2020 recommended Operating Budgets and Levy requirements of the following Business Improvement Areas: Business Improvement Area 2020 Operating Budget ($) 2020 Levy Funds Required ($) Albion Islington Square 263,680 195,863 Baby Point Gates 95,834 71,303 Bloor Annex 311,370 296,387 Danforth Village 529,355 251,360 Eglinton

    Show the rest of Decision as filed, 653 more characters as filed

    Hill 50,123 28,483 Emery Village 3,808,557 2,661,313 Gerrard India Bazaar 358,500 165,923 Korea Town 173,158 77,164 MarkeTo District 131,830 106,000 Midtown Yonge 195,012 185,214 Mimico Village 43,814 31,857 Mirvish Village 120,046 68,649 Mount Dennis 66,958 32,772 Ossington Avenue 117,793 69,496 Queen Street West 500,087 306,733 Regal Heights Village 170,635 72,660 Sheppard East Village 212,110 191,517 The Eglinton Way 443,857 314,934 Upper Village 186,410 112,225 Uptown Yonge 266,070 252,097 Weston Village 260,739 143,713 Wilson Village 850,239 279,565 Wychwood Village 101,161 36,161 Yonge + St. Clair 756,175 539,415 Total 10,013,513 6,490,804

  • 2020-04-30 · Toronto City Council · amended

On the record

The item as the City filed it

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