The filed record
2025 Corporate Goals Update
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The decision
2025-05-15 · Toronto Parking Authority · adopted
As filed
The Board of Directors, Toronto Parking Authority: 1. Approved the amended 2025 Corporate Goals and performance targets as outlined in Attachment 1 to the report (April 29, 2025) from the President, Toronto Parking Authority. 2. Directed the President, Toronto Parking Authority, to implement the amended 2025 Corporate Goals and performance targets for the Short-Term Incentive Plan as outlined in Attachment 1 to the report (April 29, 2025) from the President, Toronto Parking Authority.
On the agenda
As the city filed it
At its meeting of March 2025, Toronto Parking Authority (TPA) Board of Directors received a report from Management that included recommendations for the 2025 Corporate Goals and performance targets to be utilized in Toronto Parking Authority's 2025 Short-Term Incentive Program (STIP). The Item was adopted with an amendment that deferred consideration of EV charging (Goal 5.2) as a performance measure for 2025 to the May 15, 2025 meeting of the Board.
Show the rest of As the city filed it, 600 more characters as filed
The intent of the amendment was to provide Management time to carry out further engagement with the Environment, Climate and Forestry Division about how the proposed corporate goal fit within the City's Approach to Electric Vehicle charging through 2030. Management has completed this review and is recommending that Corporate Goal 5.2 (Secure external strategic partnership to scale our City-wide EV charging strategy) be replaced with a three (3) year growth strategy for Green P parking. An updated summary of the Corporate Goals and performance targets is included in Attachment 1 to this report.
Staff recommended
The President, Toronto Parking Authority recommends that: 1. The Board of Directors, Toronto Parking Authority, approve the amended 2025 Corporate Goals and performance targets as outlined in Attachment 1 to this report. 2. The Board of Directors, Toronto Parking Authority, direct the President, Toronto Parking Authority, to implement the amended 2025 Corporate Goals and performance targets for the Short-Term Incentive Plan as outlined in Attachment 1 to this report.
On the record
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