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Toronto City Council · 2026-03-25 · 2026.MM39.1

The filed record

Authorization to Release Section 45 Funds to Little Italy Business Improvement Area - by Councillor Dianne Saxe, seconded by Councillor Amber Morley

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The decision

2026-03-25 · Toronto City Council · adopted

As filed

City Council on March 25 and 26, 2026, adopted the following: 1. City Council increase the 2026 Operating Budget for Non-Program on a one-time basis by $100,000 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 297 College Street (Source Account: XR3026-3700586), secured for streetscaping, to be used by the Little Italy Business Improvement Area to design and implement the College Street streetscape improvements described in the Little Italy Business Improvement Area Streetscape Master Plan, beginning with, but not limited to, the Bathurst Gateway (Cost Centre: NP2161).

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2. City Council direct that the $100,000 be forwarded to the Little Italy Business Improvement Area upon the signing of an Undertaking that governs the use of the funds and the financial reporting requirements.

On the agenda

As the city filed it

The Little Italy Business Improvement Area, in consultation with community stakeholders, has developed a visionary Master Plan for upgrading the College Street streetscape with improved lighting, trees, benches and other facilities for pedestrians and tourists, including a Gateway at Bathurst Street and College Street. The Business Improvement Area will implement the Plan and provide half of the capital costs and is seeking city support for the other half.

Staff recommended

Councillor Dianne Saxe, seconded by Councillor Amber Morley, recommends that: 1. City Council increase the 2026 Operating Budget for Non-Program on a one-time basis by $100,000 gross, $0 net, fully funded by Section 37 community benefits obtained from the development at 297 College Street (Source Account: XR3026-3700586), secured for streetscaping, to be used by the Little Italy Business Improvement Area to design and implement the College Street streetscape improvements described in the Little Italy Business Improvement Area Streetscape Master Plan, beginning with, but not limited to, the Bathurst Gateway (Cost Centre: NP2161).

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2. City Council direct that the $100,000 be forwarded to the Little Italy Business Improvement Area upon the signing of an Undertaking that governs the use of the funds and the financial reporting requirements.

    On the record

    The item as the City filed it

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