TTC Audit and Risk Management Committee - April 11, 2018


Meeting info

Date:Tuesday, April 10, 2018
Start Time:9:00 am
Location:Council Chamber, Toronto City Hall, 100 Queen Street West
Meeting No:12
  • Agenda
  • Meeting Minutes

TTC Board Members

TTC Board Members

  • Josh Colle (Chair)
  • Rick Byers
  • Vince Crisanti
  • Alan Heisey
  • Q.C. and Ron Lalonde

Declarations of Interest – Municipal Conflict of Interest Act

Resolution – Committee of the Whole

That the Committee recess as the Committee of the Whole to deal with litigation or potential litigation matters, labour relations, employee negotiations, security of the property, to receive advice which is subject to solicitor client privilege and for the purpose of education/training.

Minutes of the Previous Meeting

Business Arising Out of the Minutes

Public Presentations

Requests to speak must be registered by noon of the business day preceding meeting day. A final deputation list will be distributed at the meeting.

Presentations/Reports/Other Business

  1. Yonge Subway Extension and Relief Line – Memorandum of Understanding(This report contains advice or communications that are subject to solicitor-client privilege, including communications necessary for that purpose(For Action)
A meeting of the TTC Audit & Risk Management Committee was held in Council Chamber, Toronto City Hall, 100 Queen Street West on Wednesday, April 11, 2018 commencing at 9:07 a.m.  The Audit & Risk Management Committee recessed at 9:08 a.m. to meet as the Committee of the Whole and reconvened in public at 9:36 a.m. 

Present

J. Colle (Chair), R. Byers, A. Heisey and R. Lalonde (Members), R. Leary, T. Bal, C. Greenwood, S. Reed Tanaka, B. Ross, J. Ross, J. Taylor, K. Watson, J. Fraser, C. Leach, K. Lee and C. Finnerty were present.

D. Stewart (Chair's Office) and D. Magisano (Mayor’s Office) were also present.

J. Colle was in the Chair.

Present at Public Session

J. Colle (Chair), R. Byers, A. Heisey and R. Lalonde (Members), R. Leary (Chief Executive Officer (Acting)), T. Bal (Acting Chief Financial Officer), C. Greenwood (Deputy Chief Service Officer), S. Reed Tanaka (Chief Capital Officer), B. Ross (Executive Director – Corporate Communications), J. Ross (Acting Chief Operating Officer), J. Taylor (Chief of Staff), K. Watson (Chief Customer Officer/Deputy CEO), J. Fraser (Head – Capital Programming), C. Leach (Acting Head – Internal Audit), K. Lee (Head of Commission Services) and C. Finnerty (Co-ordinator – Secretariat Services) were present.

Declaration of Interest - Municipal Conflict of Interest Act

Nil

Minutes of the Previous Meeting

Nil

Business Arising Out of the Minutes

Nil

Public Presentations

Nil

Presentations/Reports/Other Business
1. Yonge Subway Extension and Relief Line – Memorandum of Understanding

It is recommended that the TTC Audit and Risk Management Committee:  

  1. Receive the confidential information as set out in the Attachments; and

2. Authorize the public release of the information contained in the Attachments when the MOUs have been executed.

Approved

The meeting adjourned at 9:37 a.m.

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