Summary#
Montréal city council approved an addendum to the 2025 agreement between the City and the Agence de mobilité durable (Sustainable Mobility Agency). The change sets new timing and payment terms for management fees and annual transfers; city staff say its goal is to support the Agency’s cash flow without changing the agreement’s overall financial balance.
- The City must pay the Agency a portion of its budgeted management fees quarterly during the financial year, based on the Agency’s liquidity needs.
- The Agency’s annual transfer of net revenues from the previous year to the City will be adjusted to account for fees already paid during the year.
- City staff say the annual transfer date will be brought forward, but the materials do not give the new date.
- The addendum takes effect when both parties sign it.
What it means for you#
- The City and the Agency: Their payment schedule changes, but the approved addendum does not change the total amounts set out in the agreement.
- Residents: The decision does not directly change parking fees, parking rules, or access to parking services.
Money#
City staff say the addendum has no net impact on the amounts paid over a year, but changes when money flows.
- The City will pay part of the budgeted management fees in quarterly instalments, according to the Agency’s liquidity needs.
- The Agency’s annual transfer of net revenues to the City will be calculated with those earlier payments taken into account.
- No dollar amounts or estimate of the cash-flow effects are provided.
What is unclear#
- The materials do not state the quarterly payment amounts or how the Agency’s liquidity needs will be assessed.
- The new date for the Agency’s annual transfer to the City is not given.
- The materials say the addendum takes effect upon signature, but do not say whether it has been signed.
Case for#
- City staff say the Agency’s management costs and investments are affecting its cash flow. Paying part of the fees during the year could help maintain its operations.
- The annual adjustment is intended to account for payments already made, while keeping the total amounts in the agreement unchanged.
Case against#
- The decision changes the timing of public money transfers, but the materials do not provide the payment schedule, amounts, or criteria for assessing the Agency’s cash needs.
- Although city staff describe the annual impact as neutral, the materials do not quantify the effect of bringing the City’s transfer date forward.