Waiving of Toronto Parking Authority Fees on Bond Street - by Councillor Chris Moise, seconded by Deputy Mayor Ausma Malik

St. Michael's Hospital is replacing its Shuter Wing with a new 6-storey addition approved through the site plan review process (Application: 16 148963 STE13 SA). In response to the interest from both the local Business Improvement Area and the former ward Councillor, public realm improvements were provided on Shuter Street and Bond Street, to enhance connectivity, accessibility, and pedestrian safety. The hospital estimates the value of this work at close to $1.5 million dollars. These improvements on Bond Street will reduce the number of existing on-street paid parking spaces operated by the Toronto Parking Authority, as the plans would swap parking from the east side of the street to the west side. Given the significant investment in the public realm around their site, St. Michael's Hospital has asked for relief from these fees. Based on Toronto Parking Authority Board Policy 2-12 Cost Recovery - Permanent Removal of On-Street Meter Locations, Toronto Parking Authority assessed that St. Michael's Hospital would be responsible for paying all fees for the permanent loss of three on-street paid spaces and operating costs associated with relocating two parking machines, which amounts to a total of $115,230 (including tax). I am therefore asking that St. Michael's Hospital's request for relief from the Toronto Parking Authority's fees be granted.