oagere ys

Ree wnat aie Seow eet aman REE DEO

-5-

Projections submitted by the Regional Administrative Advisory
Committee indicate. that the present financing arrangements would be
sufficient to meet the needs of a bus-only transit system unti? at
least 1988. Only the extraordinary and massive annual expenditure
requirements of the ALRT system threaten to invoke the use of the

general property tax to finance transit. The ALRT system was chosen, |

is being built id will be operated by provincial agencies, and many
innovative ways to finance it from provincial resources have been
suggested to the Government. They should be used. .

RECOMMENDATIONS Soe

1. That the Board's policy on transit structure and financing be
as follows: ; ,

(a) There should be a single authority responsible for
planning and operating transit service in Greater Vancouver;

(b) The board of directors of the regional transit authority
should be appointed by the Province in the same manner as the members
of the Greater Vancouver Regional Transit Commission are chosen; and

(c) Any additional taxation required to finance transit
service should come from sources other than the general property tax.

2. That this policy be communicated to GVRD member municipal
councils with a request that they endorse {t and so inform the
Minister Responsible for Transit, the Board of Directors of 8.C.
Transit, the Board of Directors of the Metro Transit Operating Company
and the Greater Vancouver Regional Transit Commission.

NEES te

SS etametmename i tape ered