Authorization to Release Section 45 Funds from the Development at 109 Vaughan Road for streetscape improvements in the Hillcrest Village Business Improvement Area - by Councillor Josh Matlow, seconded by Councillor Alejandra Bravo

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The decision

2024-10-09 · Toronto City Council · adopted

As filed

City Council on October 9 and 10, 2024, adopted the following: 1. City Council increase the 2023-2032 Capital Budget and Plan for Economic Development and Culture by $51,555.00 gross and $0 debt, with a cash flow commitment of $51,555.00 in 2025, fully funded by Section 45 funds obtained in the development at 109 Vaughan Road (Source Account: XR3028-4500202), for completing streetscape improvements on St. Clair Avenue West, at Hillcrest Village Business Improvement Area (WBS Element: CED104-13 - PAR Hillcrest Village).

On the agenda

As the city filed it

Council previously approved the release of Section 45 funds in the amount of $140,000 for the design and installation of streetscape improvements in Hillcrest Village Business Improvement Areas. This Motion seeks approval to release an additional amount of $51,555 in Section 45 funds for the design and installation of streetscape improvements in Hillcrest Village Business Improvement Areas. Hillcrest Village Business Improvement Areas has been working in partnership with the City, through the Business Improvement Areas Office on the redesign of the sidewalk in front of 803 to 815 St Clair Avenue West to make it accessible.

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The design proposal will include an accessible ramp, stairs, planters and integrated seating in front of the storefronts. Funds have been secured through a Committee of Adjustment decision for the development at 109 Vaughan Road for streetscape improvements in the area. The funds secured have been received by the City and sufficient monies remain uncommitted for this project.

Staff recommended

Councillor Josh Matlow, seconded by Councillor Alejandra Bravo, recommends that: 1. City Council increase the 2024-2033 Capital Budget and Plan for Economic Development and Culture by $51,555.00 gross and $0 debt, with a cash flow commitment of $51,555.00 in 2025, fully funded by Section 45 funds obtained in the development at 109 Vaughan Road (Source Account: XR3028-4500202), for completing streetscape improvements on St.

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Clair Avenue West, at Hillcrest Village Business Improvement Area (WBS Element: CED104-13 - PAR Hillcrest Village).

On the record

The item as the City filed it

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