Powers of GO Transit
9. (1) GO Transit may, for the purpose of carrying out its objects, (a) design, construct and operate or cause to be operated a regional transit system for the regional transit area; (b) initiate studies in respect of, (i) the design, construction and operation of the regional transit system, (ii) the fare structure and service schedules of the regional transit system, and (iii) the operational integration of the regional transit system with local transit systems within or outside the regional transit area; (c) subject to the approval of the Minister, operate or cause to be operated a local transit system within the regional transit area under an agreement between GO Transit and the municipality within which the local transit system is operated; (d) subject to the approval of the Minister, provide transit services to a municipality outside the regional transit area under an agreement between GO Transit and the municipality; (e) provide the transit services outside the regional transit area that were being provided by GO Transit as of December 31, 2001; (f) acquire by purchase, lease or otherwise any transit vehicles, equipment or other personal property; (g) acquire real property by purchase, lease, expropriation or otherwise; (h) construct, maintain or alter any building or works; (i) acquire rights and privileges that it may think necessary or convenient; (j) sell, lease or otherwise dispose of transit vehicles, equipment, other personal property or real property; (k) establish, construct, manage and operate parking lots for the parking of vehicles in connection with the regional transit system; (l) enter into agreements with any government or government agency or with any individual, municipality, corporation, partnership or association, (i) for the leasing, with or without drivers, of transit vehicles owned or leased by GO Transit, or (ii) for a purpose related to its objects; (m) obtain from the individual or body who is a party to an agreement under clause (l) any rights, privileges or concessions; (n) subject to the approval of the Lieutenant Governor in Council, establish subsidiary corporations in Ontario or elsewhere for a purpose related to its objects. 2001, c. 23, Sched. A, s. 9 (1). Payment by municipalities (2) A municipality may enter into an agreement under clause (1) (c), (d) or (l) and if it does so, it may agree to pay to GO Transit all or any portion of the operating or capital expenditures required to meet the terms of the agreement. 2003, c. 7, s. 7. Continuing duty to lease rolling stock (3) GO Transit shall continue leasing, by one or more agreements with the Toronto Area Transit Operating Authority, the railway rolling stock that is subject to the six conditional sale agreements described in clause 73 (5) (a) of the Greater Toronto Services Board Act, 1998, as it read immediately before January 1, 2002, in accordance with the terms of those conditional sale agreements. 2001, c. 23, Sched. A, s. 9 (3). Maintenance, etc., of rolling stock (4) The agreements required by subsection (3) must require GO Transit to maintain, modify and insure the railway rolling stock in accordance with the requirements of Articles 7, 8 and 11 of the applicable conditional sale agreement. 2001, c. 23, Sched. A, s. 9 (4). Definition (5) In subsection (1), “transit vehicles” includes railway rolling stock. 2001, c. 23, Sched. A, s. 9 (5).