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Moscoe wants developers to give free TTC passes
Proposal affects condos near subways
Feb. 23, 2006. 01:00 AM
LESLIE FERENC
STAFF REPORTER
Condominium developers who build near major transit routes should be giving the buyers free one-year transit passes, TTC chair Howard Moscoe says.
He wants the proposal made part of the city's official plan and made mandatory for developers.
"This is potential revenue for the TTC," Moscoe said, after tabling the notice of motion at the TTC's monthly meeting yesterday.
"More important, it will get people on the TTC."
Moscoe also suggested strict rules governing the size and number of parking spaces needed for their projects could be relaxed for developers who go the extra distance and give purchasers free passes for five or more years. Free transit passes would also be a great marketing tool for developers, he said, adding some already do provide passes for buyers.
The proposal is in line with the city's official plan, which Moscoe said in his written notice of motion "is premised on a healthy, vibrant transit system." The official plan also calls for intensive land use near subway stations.
"Development policies should emphasize and reinforce the city's objectives with respect to public transit," he said.
Under Moscoe's proposal, developers with buildings larger than 25 units and within 500 metres of subway stations would have to give purchasers a free one-year pass as would those in buildings constructed in areas on and near major bus and streetcar lines with more than six units. Each pass would generate about $1,000 a year for the TTC, Moscoe said.
The motion, which was approved by the commission yesterday, is to be studied by TTC and city planning staff who are to report back in June.
Proposal affects condos near subways
Feb. 23, 2006. 01:00 AM
LESLIE FERENC
STAFF REPORTER
Condominium developers who build near major transit routes should be giving the buyers free one-year transit passes, TTC chair Howard Moscoe says.
He wants the proposal made part of the city's official plan and made mandatory for developers.
"This is potential revenue for the TTC," Moscoe said, after tabling the notice of motion at the TTC's monthly meeting yesterday.
"More important, it will get people on the TTC."
Moscoe also suggested strict rules governing the size and number of parking spaces needed for their projects could be relaxed for developers who go the extra distance and give purchasers free passes for five or more years. Free transit passes would also be a great marketing tool for developers, he said, adding some already do provide passes for buyers.
The proposal is in line with the city's official plan, which Moscoe said in his written notice of motion "is premised on a healthy, vibrant transit system." The official plan also calls for intensive land use near subway stations.
"Development policies should emphasize and reinforce the city's objectives with respect to public transit," he said.
Under Moscoe's proposal, developers with buildings larger than 25 units and within 500 metres of subway stations would have to give purchasers a free one-year pass as would those in buildings constructed in areas on and near major bus and streetcar lines with more than six units. Each pass would generate about $1,000 a year for the TTC, Moscoe said.
The motion, which was approved by the commission yesterday, is to be studied by TTC and city planning staff who are to report back in June.