Audit Committee - Toronto Coach Terminal Inc - June 24, 2014


Meeting Info

Date:Monday, June 23, 2014
Start Time:10:30 AM
Location:Committee Room #2, 2nd Floor, Toronto City Hall
  • Agenda
  • Meeting Minutes

Members

  • J. Parker
  • G. De Baeremaeker
  • P. Milczyn

Declaration of Interest - Municipal Conflict of Interest Act

Nil

Education/Training (TTC Procedural By-Law Section 29(B) and City of Toronto Act Section 190 (3.1)

Nil

Minutes of the Previous Meeting

Business Arising Out of Minutes

Nil

Public Presentations

Requests to speak must be registered in writing by 12:00 Noon of day preceding meeting day.

Notices of Motions

Nil

Motions Without Notice

Nil

Items of Which Notice has Previously Been Given

Nil

Items Deferred From Last Meeting to Permit Debate/Public Presentation

Nil

1. Reports with Confidential Attachments

Nil

2. Presentations

Nil

4. New Business

Nil

5. Correspondence

 A correspondence summary will be distributed at the meeting. 
A meeting of the TCTI Audit Committee was held 10:35 a.m. on Tuesday, June 24, 2014 in Committee Room 2, 2nd Floor, City Hall, Toronto in order to discuss business related to the Committee.

Present

Present were J. Parker and A. Heisey (TCTI Audit Committee), M. Roche (TTC Head of Finance/Treasurer), B. Leck (TCTI Vice-President and General Counsel), P. Buttigieg (TCTI Treasurer), M. Adamson, M. Augimeri, A. Virmani, R. Cho (Directors – TCTI), K. Lee (Head of Commission Services) and D.


McDonald (Co-ordinator – Secretariat Services) were present.


M. Roche was in the Chair.

Declaration of Interest - Municipal Conflict of Interest Act

Nil

Minutes of the Previous Meeting

Commissioner Heisey moved that the TCTI Audit Committee approve the minutes of the meeting held on Thursday, December 19, 2013.

Business Arising Out of the Minutes

Nil

Public Presentations

Nil

Notice of Motions

Nil

Motions Without Notice

Nil

Items of Which Notice has Previously Been Given

Nil

Items Deferred From Last Meeting to Permit Debate/Public Presentations

Nil

1. Reports With Confidential Attachments (Committee Of The Whole)

Nil

2. Presentations

Nil

3. Other Business

(a) Draft Consolidated Financial Statements of Toronto Coach Terminal Inc. For the Year Ended December 31, 2013

The Audit Committee:

Approved the draft consolidated financial statements of Toronto Coach Terminal Inf. (TCTI) for the year ended December 31, 2013; and
Approved forwarding the consolidated financial statements to the Meeting of Directors of TCTI on June 24, 2014 for formal approval; and to the City Manager, as requested by the City Council at its meeting held on May 8, 2012.

4. New Business

Nil

5. Correspondence

Nil


The meeting adjourned at 10:40 a.m.
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