Authorization to Release Section 37 Funds and Section 45 Funds to Enhance Access to Recreation at the Regent Park Athletic Grounds - by Councillor Chris Moise, seconded by Councillor Paula Fletcher

The funds have been received and are eligible for these purposes. Any incremental operating impacts will be submitted for consideration through future budget submissions. Ice skating is an expensive sport that requires equipment, facilities, classes and constant equipment maintenance. This investment into the Regent Park Athletics Grounds will give Regent Park children and youth more opportunities to participate in sports and provide additional access to outdoor leisure activities for the community. Installing the shed will allow a zamboni to be stored on-site during the winter to allow for more frequent ice maintenance. As the existing electrical service located in the rink building cannot support the increased requirement to use an electric zamboni, a power transformer is required by Toronto Hydro, which these funds would pay for. In addition, a storage unit will provide additional storage for winter equipment and the potential creation of a skate-lending program to help youth within Regent Park access the rink. During the summer, maintenance equipment would be stored on-site.

$100,655 from Section 37 received from 88 Queen Street East, 10 Mutual Street and parts of 30-50 Mutual Street (Source Account: XR3026-3701155), with cash flow commitments of $25,000 in 2024 and $75,655 in 2025; and b. $333,000 from Section 45 received from 88 Queen Street East, 10 Mutual Street and parts of 30-50 Mutual Street (Source Account: XR3028-4500247), with cash flow commitments in 2025.