Release of Section 37 Funds from 5365 Dundas Street West to MABELLEarts for Capital Improvements to Mabelle Parkette - by Councillor Mark Grimes, seconded by Councillor Gary Crawford

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The decision

2020-09-30 · Toronto City Council · adopted

As filed

City Council on September 30, October 1 and 2, 2020, adopted the following: 1. City Council increase the Approved 2020 Operating Budget for Non-Program on a one-time basis by $316,384.70 gross, $0 net, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 5365 Dundas Street West (Source Account: XR3026-3700780) for transfer to MABELLEarts for the purpose of undertaking capital improvements to Mabelle Parkette (Cost Centre: NP2161).

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2. City Council direct that the $316,384.70 be forwarded to MABELLEarts, subject to the MABELLEarts signing an Undertaking governing the use of the funds and the financial reporting requirements.

On the agenda

As the city filed it

This Motion recommends the release of Sections 37 Planning Act funds to MABELLEarts for the purpose of undertaking capital improvements to Mabelle Parkette. The project will completely transform Mabelle Parkette, providing a beautiful outdoor space, an extension of everyone's livingroom. This will include a new Field House, new Living (planted) Walls, textured concrete paths, a new Rain Garden and an additional entry point.

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Toronto Community Housing would also benefit from the funds by allocation to projects within the Mabelle Community. Funds have been secured from the development at 5365 Dundas Street West as community benefits through Sections 37 of the Planning Act to be used toward capital improvements for community services and facilities in the vicinity of the Lands. The funds identified have been received by the City.

Staff recommended

Councillor Mark Grimes, seconded by Councillor Gary Crawford, recommends that: 1. City Council increase the Approved 2020 Operating Budget for Non-Program on a one-time basis by $316,384.70 gross, $0 net, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 5365 Dundas Street West (Source Account: XR3026-3700780) for transfer to MABELLEarts for the purpose of undertaking capital improvements to Mabelle Parkette (Cost Centre: NP2161).

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2. City Council direct that the $316,384.70 be forwarded to MABELLEarts, subject to the MABELLEarts 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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