Item - 2024.PR7.3

The Toronto Parking Authority - Audit and Risk Management Committee recommends that the Board of Directors of the Toronto Parking Authority:

1. Receive the report (September 10, 2024) from the President, Toronto Parking Authority for information.

2. Direct that Confidential Attachment 1 to the report (September 10, 2024) from the President, Toronto Parking Authority remain confidential in its entirety, as it contains advice about litigation or potential litigation that affects Toronto Parking Authority and contains advice or communications that are subject to solicitor-client privilege.

As part of Toronto Parking Authority’s operation of commercial parking, the management of tenanted properties and Bike Share Toronto, Toronto Parking Authority is dealing with a range of legal matters related to supplier disputes, personal injuries, commercial tenancy disputes and the protection of Toronto Parking Authority’s registered trademarks. Toronto Parking Authority has suitable insurance in relation to such concerns, such as general liability insurance for all of its facilities; and has assigned/retained legal counsel and insurance adjusters to manage any claims.

Details about the specific legal disputes are included in Confidential Attachment 1.

This report is a reoccurring update provided to the Board about the status of ongoing legal disputes. The Board will be provided with updates on a regular basis as substantive changes occur to the status of the specific legal disputes.