|
Decision Letter |
|
Budget Committee |
| Meeting No. | 44 | Contact | Kelly McCarthy, Committee Administrator | |
| Meeting Date |
Wednesday, October 2, 2013 |
Phone | 416-392-4666 | |
| Start Time |
9:30 AM |
buc@toronto.ca | ||
| Location |
Committee Room 1, City Hall
|
Chair | Councillor Frank Di Giorgio |
| BU44.1 | ACTION |
Adopted |
|
Ward:9 |
| Adjustments to the 2013 Emergency Medical Services' Capital Budget |
| Committee Decision | |
The Budget Committee recommends to the Executive Committee that:
1. City Council authorize the creation of one sub-project and increase funding in Emergency Medical Services' 2013 Approved Capital Budget in the amount of $3.950 million, with funding provided by the Land Acquisition Reserve Fund (XR1012), for the purchase of land at 1300 Wilson Avenue. |
|
| Origin |
| (September 18, 2013) Report from the Chief Corporate Officer and Chief, Emergency Medical Services |
| Summary |
The purpose of this report is to seek City Council authority to amend the 2013 Emergency Medical Services Approved Capital Budget to create a new capital sub‑project for land purchase in the amount of $3.950 million. This adjustment will utilize funds from the Land Acquisition Reserve Fund (LARF) and will result in zero impact on City debt funding levels.
The land purchase sub-project will be utilized for the construction of a multi-function station capital project that was approved by City Council in 2013 at the 170 Plewes Road site, this site is no longer available due to other portfolio efficiency initiatives. |
| Background Information |
| (September 18, 2013) Report from the Chief Corporate Officer and Chief, Emergency Medical Services on Adjustments to the 2013 Emergency Medical Services' Capital Budget (http://www.toronto.ca/legdocs/mmis/2013/bu/bgrd/backgroundfile-61830.pdf) |