Yonge-Dundas Square Renaming Initiative

Chris Moise, seconded by Mayor Olivia Chow", adopted the following: City Council direct the Yonge-Dundas Square Board, in collaboration with the General Manager, Economic Development and Culture, to adopt the new name Sankofa Square selected by the Recognition Review Community Advisory Committee and report to City Council through the Executive Committee as part of the report on the Governance Review of Yonge-Dundas Square, to adopt the recommended new name by the end of the second quarter of 2024. In the statement attached to the City Council agenda item, the Chief Financial Officer and Treasurer noted "Costs associated with the changes at YDS are estimated at $0.300 to $0.340 million and will be supported by Section 37 Funds from the local ward". I am requesting answers to the following questions: 1. What is the status of the adoption of the new name? 2. What is the status of the design, fabrication and installation of the new signage? 3. Is the new signage being fabricated in-house or externally? If external, how was the vendor selected? 4. What is the total cost and amount spent to date of the design, fabrication, and installation of the new signage? 5. Are there any additional costs associated with the renaming of the square, and what are they? 6. What are the specific funding sources of the new signage or additional costs? 7. When is the new signage expected to be installed?