The filed record
Authorization to Release Section 37 Funds from the Development at 859, 861 and 875 Eglinton Avenue West and 2020 Bathurst Street for the laneway improvements to Reggae Lane in the York-Eglinton Business Improvement Area - by Councillor Josh Matlow, seconded by Councillor Mike Colle
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The decision
2022-06-15 · Toronto City Council · adopted
As filed
City Council on June 15 and 16, 2022, adopted the following: 1. City Council increase the 2022-2031 Approved Capital Budget and Plan for Economic Development and Culture by $350,000 gross and $0 debt in project costs with cash flow funding of $50,000 in 2022 and cash flow commitments of $250,000 in 2023 and $50,000 in 2024 , fully funded by Section 37 funds obtained from the development at 859, 861 and 875 Eglinton Avenue
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West and 2020 Bathurst Street (Source Account: XR3026-3701174), for the laneway improvements to Reggae Lane, in the York Eglington Business Improvement Area (WBS element: CED104-28 - Planning Act Revenue York Eglinton).
On the agenda
As the city filed it
This Motion seeks approval to release Section 37 funds in the amount of $350,000 to the York Eglinton Business Improvement Area for retrofits and improvements to Reggae Lane. The Business Improvement Area will maintain all improved elements once constructed. These funds have been received from the development and are eligible for these purposes. The local Councillor, City of Toronto Staff and the York-Eglinton Business Improvement Area are working in partnership to make Reggae Lane a vibrant and safe public space.
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The improvements initiated for Reggae Lane are holistic, and involve a multi-divisional approach. On this project in particular, a consultant and contractor will be engaged to identify and address opportunities to retrofit/rebuild the existing retaining wall and fence, and other noted concerns raised by the local community. These improvements will enhance the pedestrian experience and further animate this iconic space that was originally meant to celebrate our city's reggae musicians and cultural heritage of Little Jamaica.
Staff recommended
Councillor Josh Matlow, seconded by Councillor Mike Colle, recommends that: 1. City Council increase the 2022-2031 Approved Capital Budget and Plan for Economic Development and Culture by $350,000 gross and $0 debt in project costs with cash flow funding of $50,000 in 2022 and cash flow commitments of $250,000 in 2023 and $50,000 in 2024 , fully funded by Section 37 funds obtained from the development at 859, 861 and
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875 Eglinton Avenue West and 2020 Bathurst Street (Source Account: XR3026-3701174), for the laneway improvements to Reggae Lane, in the York Eglington Business Improvement Area (WBS element: CED104-28 - Planning Act Revenue York Eglinton).
On the record
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