Item - 2018.PA8.2

 The Board of Directors of the Toronto Parking Authority:

1.  Authorized the purchase of new equipment to support the 2018 planned phased expansion of the Bike Share Toronto system, including supply, delivery and installation, generally comprising approximately 1,000 new bicycles, 90 new stations, 1,570 docks, and ancillary elements, from PBSC Urban Solutions Inc. (“PBSC”), pursuant to the terms and conditions of the Equipment Supply Agreement (March 22, 2016) between the Toronto Parking Authority ("TPA") and PBCS, in the amount of $5,256,325, excluding HST.

2.  Directed the Acting President, Toronto Parking Authority, in consultation with the City Solicitor, to finalize negotiations and enter an amending agreement to the 2015 agreement titled, "Bike Share Funding Agreement TPA and Metrolinx", with Metrolinx, to allow for a densification of Bike Share stations around Union Station, and on such other or amended terms and conditions as may be acceptable to the Acting President and in a form satisfactory to the City Solicitor.

Bike Share Toronto has been allocated capital funding from two sources; the federal-provincial-municipal Public Transit Infrastructure Fund (PTIF) program, supported 50 percent by the federal government and matched 50 percent by the municipality, in each of 2017 and 2018 as part of the larger overall program for Toronto; and Metrolinx bike share funds pursuant to a 2015 agreement, "Bike Share Funding Agreement TPA and Metrolinx". These opportunities enable the ongoing phased expansion plans for the Bike Share system (envisaged to comprise a network in the order of 6,000 bikes over a five year period). This report seeks approval from the Toronto Parking Authority Board for the 2018 purchase of new equipment, including supply, delivery and installation, of approximately 1,000 new bicycles, 90 new stations, 1,570 docks, and ancillary elements, from PBSC Urban Solutions Inc. (“PBSC”) pursuant to the terms and conditions of an established Equipment Supply Agreement between TPA and PBSC.

The PTIF funds ($4,276,325 available for the 2018 program) will facilitate the extension of the network of stations beyond the existing service area, generally north to the Yonge Street/Eglinton Avenue area, westerly along St. Clair Avenue West/Dupont Street corridors and east to the Queen Street East/Woodbine Avenue area. There will also be an emphasis on east waterfront trail locations to serve casual users. The remaining Metrolinx funds ($980,000) will allow for a densification of stations in the Union Station Precinct area, within 800m of the Station.