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Exhibition Place · 2024-04-25 · 2024.EP9.8

The filed record

Parking Management Agreement with Toronto Parking Authority

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The decision

2024-04-25 · Exhibition Place · adopted

As filed

The Board of Governors of Exhibition Place: 1. Authorized the Chief Executive Officer to negotiate and enter into a new Parking Management Agreement with the Toronto Parking Authority with respect to twenty-five (25) new state-of-the-art pay-by-plate machines across ten (10) Car Park locations and in accordance with the general terms in Confidential Attachment 1 to the report (April 11, 2024) from the Chief Executive Officer, Exhibition Place.

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2. Directed that Confidential Attachment 1 to the report (April 11, 2024) from the Chief Executive Officer, Exhibition Place remain confidential as it contains commercial and financial information, supplied in confidence to the Board of Governors of Exhibition Place, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

On the agenda

As the city filed it

This report seeks the Board's approval to enter into a new Parking Management Agreement (TPA Agreement) with the Toronto Parking Authority (TPA) on the terms and conditions outlined in this report and Confidential Attachment 1.

Staff recommended

The Chief Executive Officer recommends that: 1. The Board authorize the Chief Executive Officer to negotiate and enter into a new Parking Management Agreement with the Toronto Parking Authority with respect to twenty-five (25) new state-of-the-art pay-by-plate machines across ten (10) Car Park locations and in accordance with the general terms in Confidential Attachment 1. 2. The Board direct that Confidential Attachment

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1 remain confidential as it contains commercial and financial information, supplied in confidence to the Board of Governors of Exhibition Place, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

    On the record

    The item as the City filed it

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