The filed record
Authorization to Release Section 37 Funds to the Kensington Market Community Land Trust to Upgrade a Mural - by Councillor Dianne Saxe, seconded by Councillor Chris Moise
The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.
The decision
2024-05-22 · Toronto City Council · adopted
As filed
City Council on May 22 and 23, 2024, adopted the following: 1. City Council increase the 2024 Operating Budget for Non-Program by $7,000.00, fully funded by Section 37 (Planning Act Reserve Fund) community benefits from the development at 297 College Street (Source Account: XR3026-3700586) for the purpose of forwarding funds to the Kensington Market Community Land Trust to be utilized for local streetscape improvements in the form of an upgraded Mona Lisa Mural at 54-56 Kensington Avenue (Cost Centre: NP2161).
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2. City Council direct that the $7,000.00 be forwarded to the Kensington Market Community Land Trust, subject to the Kensington Market Community Land Trust signing an Undertaking governing the use of the funds and the financial reporting requirements.
On the agenda
As the city filed it
This motion is to assist the Kensington Market Community Land Trust to upgrade and expand a mural at 54-56 Kensington Avenue with $7,000 in Section 37 funds. In 2012, $150,000 of Section 37 funds from 297 College Street were earmarked by By-laws 1631-2012 and 763-2016 for streetscape improvements in the immediate area. The Kensington Market Community Land Trust has already received $6,500 from the City for the mural project, and requires an additional $7,000 to complete it.
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The Kensington Market Community Land Trust is a valued community organization dedicated to preserving affordable rental spaces for local residents and businesses. Public art such as this mural add to the beauty and vibrancy of the neighbourhood.
Staff recommended
Councillor Dianne Saxe, seconded by Councillor Chris Moise, recommends that: 1. City Council increase the 2024 Operating Budget for Non-Program by $7,000.00, fully funded by Section 37 (Planning Act Reserve Fund) community benefits from the development at 297 College Street (Source Account: XR3026-3700586) for the purpose of forwarding funds to the Kensington Market Community Land Trust to be utilized for local streetscape improvements in the form of an upgraded Mona Lisa Mural at 54-56 Kensington Avenue (Cost Centre: NP2161).
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2. City Council direct that the $7,000.00 be forwarded to the Kensington Market Community Land Trust, subject to the Kensington Market Community Land Trust signing an Undertaking governing the use of the funds and the financial reporting requirements.
On the record
More from this meeting
- Introduction of General Bills and Confirming BillsFiled record
- 294-298 Sherbourne Street - Request for DirectionsFiled record
- Yonge-Dundas Square Renaming InitiativeFiled record
- Authorization to Release Section 37 Funds for Essential Structural Work to the Community Non-Profit Affordable Rental Housing Building at 1501 Queen Street West - by Councillor Gord Perks, seconded by Deputy Mayor Ausma MalikFiled record
- Call to OrderFiled record
- 10-18 Abitibi Avenue - Ontario Land Tribunal Hearing - Request for DirectionsFiled record