Authorization to Release Section 37 Funds to Toronto Public Library - by Councillor Dianne Saxe, seconded by Councillor Amber Morley

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

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 2026-2035 Capital Budget and Plan for Toronto Public Library on a one time-basis, with an increase in project costs and cash flows of $110,605.48 gross, $0 debt in 2027, for the fabrication and installation of public art at the Toronto Reference Library, fully funded by Section 37 community benefits obtained from the developments

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at 35 Balmuto Street and 764 Yonge Street (Source Account: XR3026-3700891), secured for public art (Cost Centre: CLB223-01).

On the agenda

As the city filed it

In 2005, $103,251.33 of Section 37 funds were earmarked for public art from the development of 35 Balmuto Street and 764 Yonge Street. After 20 years of interest, this amount has grown to only $110,605.48. It is long past time to put this money to work. The Toronto Public Library will use these funds to install public art in the Toronto Reference Library that will invite patrons to its forthcoming Centre for Democracy.

Staff recommended

Councillor Dianne Saxe, seconded by Councillor Amber Morley, recommends that: 1. City Council increase the 2026-2035 Capital Budget and Plan for Toronto Public Library on a one time-basis, with an increase in project costs and cash flows of $110,605.48 gross, $0 debt in 2027, for the fabrication and installation of public art at the Toronto Reference Library, fully funded by Section 37 community benefits obtained from

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the developments at 35 Balmuto Street and 764 Yonge Street (Source Account: XR3026-3700891), secured for public art (Cost Centre: CLB223-01).

On the record

The item as the City filed it