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Toronto City Council · 2020-12-16 · 2020.MM27.38

The filed record

Safe Restart Agreement - Phase 2 Transit Funding - by Mayor John Tory, seconded by Councillor Gary Crawford

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The decision

2020-12-16 · Toronto City Council · adopted

As filed

City Council on December 16, 17 and 18, 2020, adopted the following: 1. City Council authorize the Mayor and the Chief Financial Officer and Treasurer to enter into and execute any agreements, including any amendments and extension of such agreements, with the Province of Ontario for funding under the Phase 2 - Safe Restart Agreement program and any other programs to provide COVID-19 related relief funding to the City on terms and conditions satisfactory to the City Manager, and in a form satisfactory to the City Solicitor.

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2. City Council authorize the receipt and disbursement of funds from Phase 2 of the Safe Restart Agreement and any other programs providing COVID-19 related relief funding to the City.

On the agenda

As the city filed it

On July 27, 2020, as part of the Federal-Provincial Safe Restart Agreement, the Government of Ontario announced up to $2 billion in funding would be provided in two phases to support municipal transit systems. Under Phase 1, Toronto received an allocation of $404,088,232 to help provide immediate relief from the financial pressures of COVID-19. On December 15, 2020, the Province of Ontario confirmed the City of Toronto's Phase 2 Transit allocation is $776,099,821 to address the ongoing financial pressures of COVID-19 until March 31, 2021.

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In order to receive Safe Restart Agreement Phase 2 Transit funding, the City is required to execute a Transfer Payment Agreement with the Province of Ontario and provide a report for the eligible expenditures incurred during the Phase 2 eligibility period. Prior to the Province signing the Transfer Payment Agreement, anticipated as early as January 2021, municipalities will be required to provide the Ontario Ministry of Transportation with a copy of the by-law authorizing the municipality to enter into the Transfer Payment Agreement with the Province. This requirement must be fulfilled prior to the Ministry providing funding to the municipality.

Staff recommended

Mayor John Tory, seconded by Councillor Gary Crawford, recommends that: 1. City Council authorize the Mayor and the Chief Financial Officer and Treasurer to enter into and execute any agreements, including any amendments and extension of such agreements, with the Province of Ontario for funding under the Phase 2 - Safe Restart Agreement program and any other programs to provide COVID-19 related relief funding to the City on terms and conditions satisfactory to the City Manager, and in a form satisfactory to the City Solicitor.

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2. City Council authorize the receipt and disbursement of funds from Phase 2 of the Safe Restart Agreement and any other programs providing COVID-19 related relief funding to the City.

    On the record

    The item as the City filed it

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