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Toronto City Council · 2020-11-25 · 2020.MM26.5

The filed record

Authority to Release Section 37 Contributions Related to the Development Located at 150 Sudbury Street for Installation of a Barcelos (Portuguese) Rooster in Lakeview Avenue Parkette at Lakeview Avenue and Dundas Street West - by Councillor Ana Bailão, seconded by Councillor Joe Cressy

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The decision

2020-11-25 · Toronto City Council · adopted

As filed

City Council on November 25 and 26, 2020, adopted the following: 1. City Council increase the Approved 2020 Operating Budget for Non-Program on a one-time basis by $50,000.00 gross, $0 net, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 150 Sudbury Street (Source Account: XR3026-3700458) for transfer to the Little Portugal On Dundas Business Improvement Area for the purpose of installing a Barcelos (Portuguese) Rooster near the Lakeview Avenue Parkette at Lakeview Avenue and Dundas Street West (Cost Centre: NP2161).

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2. City Council direct that the $50,000.00 be forwarded to the Little Portugal On Dundas Business Improvement Area, subject to the Little Portugal On Dundas 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

This Motion recommends the release of Section 37 Planning Act funds to Little Portugal On Dundas Business Improvement Area for the purpose of installing a Barcelos (Portuguese) Rooster near Lakeview Avenue Parkette at Lakeview Avenue and Dundas Street West. The project will see the installation of this public art which was donated to the City of Toronto by the City of Barcelos, Portugal. Funds have been secured from the development at 150 Sudbury Street as community benefits through Section 37 of the Planning Act.

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The funds identified have been received by the City.

Staff recommended

Councillor Ana Bailão, seconded by Councillor Joe Cressy recommends that: 1. City Council increase the Approved 2020 Operating Budget for Non-Program on a one-time basis by $50,000.00 gross, $0 net, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 150 Sudbury Street (Source Account: XR3026-3700458) for transfer to the Little Portugal On Dundas Business Improvement Area for the purpose of installing a Barcelos (Portuguese) Rooster near the Lakeview Avenue Parkette at Lakeview Avenue and Dundas Street West (Cost Centre: NP2161).

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2. City Council direct that the $50,000.00 be forwarded to the Little Portugal On Dundas Business Improvement Area, subject to the Little Portugal On Dundas 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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