From Waterfront Toronto Finance, Audit & Risk Mgmt Committee on 21 November Page 38:
https://www.waterfrontoronto.ca/nbe...M+-+November+21,+2019+-+FINAL.pdf?MOD=AJPERES
Something is afoot!
The Corporation’s Delegations of Authority policy (Oct 10, 2019) requires Board approval for all capital project expenditures over $5 million. This request is for $14 million and relates to the Preliminary Design and Engineering of Queens Quay Revitalization. This work represents the next step in advancing this project forward. The completion of this scope will make this project eligible for funding of detailed design and construction. Details of the project and its scope are contained in the presentation attached as Appendix C to the board book. The approval request covers work planned for Jan 1, 2020 to June 30, 2021 for Preliminary Design and Engineering (PDE) of Queens Quay East Revitalization which includes:
1. Portal Selection Study
2. PDE of Yonge St. Slip fill depending on conclusions from ongoing Portal Selection Study
3. PDE of Parliament slip fill to facilitate the extension of Queens Quay to Silo St. (at 3C site)
4. PDE of Cherry St. connection
5. PDE of updated street and landscape design of Queens Quay East from Bay St. to Parliament St.
6. PDE of new street and landscape design of Queens Quay East extension from Parliament to Cherry St.
This project is not currently part of the Corporation’s Rolling Five Year Strategic Plan (2019/20 – 2023/24) and is being added now as a result of a new funding source to support this work. Advancing waterfront transit has long been a Waterfront Toronto priority area. Approval of this capital approval will automatically add this project to the approved Rolling Five Year Strategic Plan.