Authorization to Release Section 37 Funds for Clocktower Trail Streetscape Improvements - by Councillor Chris Moise, seconded by Councillor Shelley Carroll

In 2021, City Council directed staff to identify available section 37 funds to support Clocktower Trail, then known as the "Bay Cloverhill Green Loop." With the completion of Lillian McGregor Park in 2022, and the recent revitalization of Alexander Street Parkette, George Hislop Park and Norman Jewison Park, staff explored streetscape improvements that would help visually connect the Clocktower Trail parks. Improvements will include new tree pits, plantings and pedestrian safety improvements, delivered in conjunction with Parks and Recreation park improvements. Funding for Alexander Street, south of Alexander Street Parkette, will provide an opportunity to add a curb extension with a bio-retention planter and seat wall. In preparation for a future public park opportunity at 11 Wellesley Street East, staff are proposing boulevard enhancements on Maitland Street, including an opportunity to add street trees. Finally for Grosvenor Street, staff will be working with a nearby developer to extend the curb on both sides, with the City extending the curb on the north side to provide a safer connection to Opera Place Park. Feasibility of all these proposed improvements would be determined during the design development and project detailing stages. Funds were secured from the development at 501-521 Yonge Street, collected for local streetscape improvements and laneway improvements not abutting the lot, in the local area including along Yonge Street and Maitland Terrace, for these projects.

near Yonge Street and Grosvenor Street near Bay Street (Cost Centre: CTP425-01), fully funded by Section 37 community benefits obtained from the development at 501-521 Yonge Street, 6-8 Alexander Street and 23 Maitland Street (Source Account: XR3026-3700798).