Engagement with the Province on Toronto's Transit System

4. City Council request the Federal Government to hold a summit with representatives of the Federal, Provincial and City of Toronto governments, as soon as possible, recognizing the national significance of Toronto's transit infrastructure, with a goal to develop a long-term plan for investment in transit infrastructure, including both capital and operating funding. 5. City Council authorize the City Manager, in consultation with the Chief Executive Officer, Toronto Transit Commission, to negotiate a joint Terms of Reference to guide a discussion and information exchange process between the Province and the City on the alignment of transit responsibilities between the parties (the "Discussion") having regard to: a. a jointly agreed upon set of objectives which give consideration to the City's following principles set out in Attachment 2 to the report (December 7, 2018) from the City Manager and the City Solicitor, as amended: Guiding Principles Good Governance Accountability Responsiveness to Community Transparency Policy and Operations Safety and Security of the System Preserving Mobility Options and a Seamless Journey Ensure Accessible Local Service Alignment of Infrastructure Investments with the City's Planning Objectives Advance priority expansion projects underway Funding Financial Sustainability of the transit system and the implications for the City as a whole Fair Allocation of Financial Obligations b. an evaluation of potential models and other policy options, including a comprehensive assessment of the potential risks, liabilities and implications, to achieve both the Province and City objectives; and c. the inclusion of a public consultation process which results in a meaningful exchange of concerns and/or opportunities raised in transparent manner. 6. Conditional upon a joint Terms of Reference having been developed in accordance with Part 5 above to the City Manager's satisfaction, City Council authorize the City Manager, in consultation with the Chief Executive Officer, Toronto Transit Commission, to engage, as requested by the Province, in the Discussion, based upon the joint Terms of Reference. 7. City Council also authorize the Mayor, the Chair, Toronto Transit Commission, the City Manager and the Chief Executive Officer, Toronto Transit Commission and other relevant staff at the discretion of the City Manager, to engage in discussions with the Province on this matter and City Council direct the City Manager to report back as necessary. 8. City Council direct the City Manager to retain a third party validator for the City to determine all asset values. 9. City Council request the City Manager to report to City Council in the first quarter of 2019 with an update on the process, and to seek such further authority to engage in the process as may be required. 10. City Council direct that Confidential Attachment 1 to the report (December 7, 2018) from the City Manager and the City Solicitor remain confidential in its entirety as it contains advice that is subject to solicitor-client privilege. 11. City Council forward a copy of City Council's decision to the Toronto Transit Commission Board for its information. Confidential Attachment 1 to the report (December 7, 2018) from City Manager and the City Solicitor remains confidential in its entirety in accordance with the provisions of the City of Toronto Act, 2006, as it contains advice or communications that are subject to solicitor-client privilege.