Item - 2023.EP1.13
Tracking Status
- This item was considered by Exhibition Place on December 9, 2022 and was adopted without amendment.
EP1.13 - Parking Rate Adjustment 2023
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 10 - Spadina - Fort York
Board Decision
The Board of Governors of Exhibition Place:
1. Approved the adjustments in parking rates at Exhibition Place as set out in Appendix B to the report (November 29, 2022) from the Chief Executive Officer, Exhibition Place, effective January 1, 2023.
Origin
(November 29, 2022) Report from the Chief Executive Officer, Exhibition Place
Summary
This report seeks the Board’s approval to increase daily regular rates by $2.00 and exhibitor parking rates by $3.00 commencing January 1, 2023.
An annual review of parking rates shows that with the increases proposed, Exhibition Place parking rates will cover operating cost increases, maintain its profitability and remain competitive in the marketplace.
Background Information
(November 29, 2022)
Report from the Chief Executive Officer, Exhibition Place on Parking Rate Adjustment 2023
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-230190.pdf
Appendix A - Parking Rate Adjustment Overview 2022
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-230191.pdf
Appendix B - Existing and Proposed Parking Rate Adjustment Recommendations
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-230192.pdf
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-230190.pdf
Appendix A - Parking Rate Adjustment Overview 2022
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-230191.pdf
Appendix B - Existing and Proposed Parking Rate Adjustment Recommendations
https://www.toronto.ca/legdocs/mmis/2023/ep/bgrd/backgroundfile-230192.pdf
Motions
Motion
to Adopt Item
moved by
Councillor Gary Crawford
(Carried)