The filed record
Authority to release Section 37 contributions related to the development located at 150 Sudbury Street for installation of an Art Mural Project by VHILS on the west facing wall at 1628 Dundas Street West - by Councillor Ana Bailão, seconded by Councillor Joe Cressy
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The decision
2021-02-02 · Toronto City Council · adopted
As filed
City Council on February 2, 3 and 5, 2021, adopted the following: 1. City Council increase the Staff Recommended 2021 Operating Budget for Non-Program, subsequent to its approval, on a one-time basis by $ 68,555.45 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 an Art Mural Project by VHILS on the west facing wall at 1628 Dundas Street West (Cost Centre: NP2161).
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2. City Council direct that the $68,555.45 be forwarded to 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 an Art Mural Project by VHILS on the west facing wall at 1628 Dundas Street West. The project will see the installation of this public art mural on a private wall by renowned artist Alexandre Farto aka VHILS. 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. This Motion is urgent so the project can proceed in the coming weeks with the Business Improvement Area.
Staff recommended
Councillor Bailão, seconded by Councillor Joe Cressy, recommends that: 1. City Council increase the Staff Recommended 2021 Operating Budget for Non-Program, subsequent to its approval, on a one-time basis by $ 68,555.45 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 an Art Mural Project by VHILS on the west facing wall at 1628 Dundas Street West.
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(Cost Centre: NP2161). 2. City Council direct that the $68,555.45 be forwarded to 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
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