Item - 2021.PA24.5

The Board of Directors of Toronto Parking Authority:

1.  Directed the President, Toronto Parking Authority to carry out a review of the rates and rate structure of the Bike Share Toronto program, including the feasibility of including a program for low-income residents, and to report back on the results in the fourth quarter of 2021.

2.  Directed the President, Toronto Parking Authority to implement a pilot for a 45-minute annual membership for a one (1) year period commencing on July 1, 2021 and to report back on the results of the pilot and feasibility of including this alternate rate as a permanent offering in the Bike Share Toronto rate structure.

3.  Forwarded this item to the Infrastructure and Environment Committee for information.

This report responds to City Council's request to the Toronto Parking Authority Board of Directors to direct the Acting President, Toronto Parking Authority to report back to the City of Toronto Infrastructure and Environment Committee by the end of fourth quarter 2020, to report on: the feasibility of increasing the overcharge threshold; exploring low-cost options; and a strategic plan to align with ActiveTO bike lanes.

In 2020, Bike Share Toronto was focussed on delivering it's biggest one (1) year system expansion since the bike share program began. The network of stations grew from 465 stations to 625 stations, including the addition of 1,850 bikes to the system, of which, 300 were pedal assist e-bikes to the system.

This report provides an update to Toronto Parking Authority Board of Directors on the Bike Share program, including a review of 2020 accomplishments, the status of improvements to the Bike Share program that City Council requested in October of 2020, investments in the Bike Share team, development of a Three (3) Year Growth Plan, funding opportunities for the next expansion of Bike Share, a planned review of Bike Share’s rates and rate structure, and a feasibility assessment of integrating PRESTO technology into Bike Share Operations. In addition, this report outlines a proposal to implement a new one (1) year pilot program that will introduce a 45-minute Annual Membership.