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Member Bio
- Joined
- Jan 13, 2008
- Messages
- 19,829
- Reaction score
- 28,754
- Location
- St Lawrence Market Area
Section 37 are City funds from developments and are used to fund 'community benefits'. That is not to say that some community benefits do not (and should not) come from 'regular" City taxes but having Section 37 funds tends to move projects ahead faster and often allows the City to take advantage of 'fleeting opportunities' that are hard to deal with in a regular City budget cycle.That's awesome! It's cool that you were interviewed by Radio-Canada.
I have one question... was it not possible to complete the project without Section 37 funds / council motions? I'm just wondering why sometimes projects are fully budgeted for and sometimes council passes many motions in order to keep things rolling.