Item - 2016.CC12.2

City Council on February 3 and 4, 2016, adopted the following:

1.  City Council increase the staff preliminary 2016 Capital Budget and 2017-2025 Capital Plan for the Toronto-York Spadina Subway Extension Project by $400 million, with $240 million representing the City of Toronto's share of costs, and the remaining $160 million reflecting the Regional Municipality of York's share.

2.  City Council reiterate its request to the Province of Ontario to ensure that its contribution to the Toronto-York Spadina Subway Extension Project, through the Move Ontario Trust is no less than $1.059 billion as projected at the outset of the project.

3.  City Council reiterate its request to the Federal government to increase its funding for the Toronto-York Spadina Subway Extension Project to reflect one-third funding of the original total project cost.

4.  City Council direct that Confidential Attachment 4 to the Toronto Transit Commission Board Report (January 21, 2016) from the Chief Executive Officer, Toronto Transit Commission, remain confidential until such time as the Toronto Transit Commission has advised the City that all claims and litigation related to the Toronto-York Spadina Subway Extension Project are settled. 

Confidential Attachment 4 to the Toronto Transit Commission Board Report (January 21, 2016) from the Chief Executive Officer, Toronto Transit Commission, remains confidential in its entirety at this time in accordance with the provisions of the City of Toronto Act, 2006, as it pertains to the security of the property of the municipality belonging to the City or one of its agencies, boards and commissions, and litigation or potential litigation affecting the City or one of its agencies, boards and commissions.  Confidential Attachment 4 to the report (January 21, 2016) from the Chief Executive Officer, Toronto Transit Commission will be made public when the Toronto Transit Commission advises the City that all claims and litigation related to the Toronto-York Spadina Subway Extension Project are settled.