Authorization to Release Section 37 Funds to Amend the 2024-2033 Capital Budget and Plan for Parks, Forestry and Recreation to Advance the Davisville Community Aquatic Centre Project in Ward 12 - by Councillor Josh Matlow, seconded by Councillor Mike Colle

The facility will be accessible, target net zero emission building design and includes the following: a six-lane 25-metre lane pool, a leisure/tot pool, community multi-use space, an active roof, WIFI access throughout, gender-neutral washrooms and change rooms. Authority from Council is required to amend the Davisville Community Aquatic Centre project in Parks, Forestry and Recreation's 2024-2033 Approved Capital Budget and Plan in the amount of $9,835,000. The total project cost would be amended from $58,520,000 to $68,355,000 with cash flow commitments in 2026. The project is classified as Growth-Related and will be funded from various Section 37 and Section 42 Above 5 percent Cash-in-lieu funds generated from developments in proximity to the Davisville Community Aquatic Centre site. These funds have been received and are eligible for these purposes. Operating impacts associated with the new Davisville Community Aquatic Centre will be submitted for consideration through future budget submissions. This motion is considered urgent in order to proceed with the contract award for the construction phase to proceed.

$6,713,052 from Section 37 funds obtained from the following developments: Development Location Internal Order Account (XR3026) Amount 87-107 Davisville Avenue and 108-128 Balliol Street 3700577 $198,527.27 2112-2114 Yonge Street 3701128 $59,297.22 174-188 Soudan Avenue and 71-73 Redpath Avenue (Formerly 18 Brownlow Avenue) 3701086 $935,531.91 89-101 Roehampton Avenue 3701066 $929,961.36 609 Avenue Road 3700818 $32,914.22 111 St. Clair Avenue West 3700624 $436,129.18 129 and part of 111 St. Clair Avenue West 3700862 $1,083,112.24 44 Jackes Avenue and 33 Rosehill Avenue 3701282 $204,916.53 202-208 St. Clair Avenue West and 2-6 Forest Hill Road 3701275 $2,507,596.07 2161 Yonge Street 3701298 $325,066.00 Total $6,713,052.00 b. $3,121,948 from the Section 42 Above 5 percent Cash-in-lieu obtained from the following developments: Development Location Internal Order Account (XR2213) Amount 8 Highbourne Road 4200066 $149.30 30 Roehampton Avenue 4200292 $18,621.72 762 Avenue Road 4200623 $5,828.56 69 Heath Street West (Part B) 4200770 $5,074.85 17 Alvin Avenue 4200899 $22,673.70 740 Avenue Road 4201146 $34,351.29 145 Chaplin Crescent 4201228 $13,993.81 39 Roehampton Avenue 4201385 $34,495.28 471 Oriole Parkway 4201677 $54,334.50 202 St. Clair Avenue West 4201719 $2,563,893.75 2100 Yonge Street 4201729 $368,531.24 Total $3,121,948.00