RECOMMENDATION
It is recommended that the Board:
1. Support the Scarborough subway alignment along the McCowan corridor, through Scarborough City Centre and north to Sheppard Avenue East (indicated in Figure 2), previously approved by City Council at the meeting of July 17, 2013;
2. Forward this report to the City Manager for inclusion in the City Manager's report to City Council at the October 8, 2013 meeting; and
3. Forward this report to Metrolinx, Provincial Minister of Transportation and Federal Minister of Infrastructure, Communities and Intergovernmental Affairs.
FUNDING
In 2009 the Province announced funding of $1.8 billion for the cost of the design and construction for the conversion of the Scarborough RT to LRT and extension to Sheppard Avenue. The Master Agreement between the City, TTC and Metrolinx confirms Metrolinx’s responsibility for project delivery.
The Province has publically committed $1.48 of the $1.8 billion to funding the Bloor-Danforth subway extension, less the sunk costs associated with the Scarborough LRT, design and project management (currently estimated at $85 million) and any costs associated with the re-negotiation of the Bombardier LRV contract.
Neither the Provincial (RT corridor alignment) nor TTC (McCowan corridor alignment) subway option to Sheppard Avenue estimated at $2.9 billion and $2.5 billion ($2010) respectively, are achievable within the current Provincial funding envelope. Even when the options are truncated at Scarborough City Centre both Provincial and TTC options estimated at $1.7 - $1.9 billion and $1.9 billion ($2010) respectively require additional funding.
Additional funding from the Federal Government, Province or the City will be required to proceed with any of the subway options. The City has requested funding commitment from the Federal Government and anticipates a response before the end of September.