| June 22, 2007
York Region commits $3 million for preliminary
planning of Yonge Street subway extension
Richmond Hill - York Regional Council has
committed $3 million to begin preliminary planning for a TTC
subway extension on Yonge Street to the Richmond Hill Centre.
The investment was made following the unveiling of the Province's
Move Ontario 2020 Plan last week, with the Ontario Government
investment of $17.5 billion to expand rapid transit across
the GTA . A bulk of that work will be within York Region.
The extension of the TTC Yonge Street subway into York Region
is in addition to work proceeding on the TTC Spadina subway
to the City of Vaughan Corporate Centre and expansion of the
Region's award-winning Viva Rapid Transit as Regional Council
continues its work to address traffic congestion affecting
both residents and businesses.
The $3 million investment made today will be taken from capital
reserves in the 2007 Business Plan and Budget. Staff will
investigate ways to recover portions of the $3 million from
the provincial and federal governments.
York Region staff will be working with the City of Toronto
and the Toronto Transit Commission ( TTC ) to develop an integrated
and coordinated approach for the timely extension of the subway.
Council also directed staff to delay all expropriation plans
in the City of Vaughan and the Town of Markham in conjunction
with the development of Rapidways on Yonge Street for Viva
Phase 2 until September's Rapid Transit Committee meeting.
At this time, Committee will discuss progress on the plans
for the Yonge Street subway and decide how progression for
Viva Phase 2 construction will proceed.
All progress on the project will be reported back to Council
in Fall 2007 to ensure that the project is progressing as
efficiently as possible.
Read
the Yonge subway to be expanded to Hwy 7
Article at www.yorkregion.com
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