Meeting of Directors - December 19, 2013


Meeting Info

Date:Wednesday, December 18, 2013
Location:Committee Room 2, Toronto City Hall
Meeting No:153
  • Agenda
  • Meeting Minutes

Members

Members

  • Alan Heisey, QC
  • Maureen Adamson
  • Vincent Crisanti
  • Glenn DeBaeremaeker
  • Nick DiDonato

Declaration of Interest - Municipal Conflict of Interest Act

Resolution to conduct a portion of the meeting in the absence of the public (Committee of the Whole) in accordance with section 29 of the TTC By-Law to govern commission proceedings and section 190 of the City of Toronto Act Nil

Confidential attachments (TTC Procedures By-law Section 29 and City of Toronto Act Section 190 (2))

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

Business Arising Out of Minutes

Nil.

Public Presentations

Requests to speak must be registered by 12:00 Noon of the business 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 (Committee Of The Whole)

Nil.

2. Presentations

Nil.

4. New Business

Nil.

5. Correspondence

A correspondence summary will be distributed at the meeting.
A meeting of the Directors of the Toronto Coach Terminal Inc. was held at 11:44 a.m. in Committee Room 2, 2nd Floor, Toronto City Hall, 100 Queen Street West, Toronto, Ontario for the purpose of discussing business related to the Company.

Present

Present were J. Parker and P. Milczyn, K. Stintz, M. Adamson, M. Augimeri, Nick Di Donato (Directors - TCTI), V. Rodo (TCTI President/General Secretary), B. Leck (TCTI Vice-President and General Counsel), P. Buttigieg (TCTI Treasurer), , A. Byford (TTC CEO), K. Lee (Head of Commission Services) and D. McDonald (Co-ordinator – Secretariat Services) were present.

J. Parker was in the Chair.

Declarations of Interest – Municipal Conflict of Interest Act

Nil.

Minutes of Previous Meetings

The Board of Directors reviewed and approved the minutes from Meeting No. 150 and Meeting No. 152 and authorized the Chair and General Secretary to sign the same.

Business Arising Out of the Minutes

Nil.

Public Presentations

Nil.

Notice of Motion

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 (COW)

Nil.

2. Presentations

Nil.

3. Other Business

  1. 2014 Operating Budget
    It is recommended that the Board approve the 2014 Operating Budget for the Toronto Coach Terminal Inc. (TCTI) as set out in the report.
    Approved
  2. Financial Report for Toronto Coach Terminal Inc. for the Accounting Period Ending November 2, 2013
    It is recommended that the Board receive for information the Financial Report for Toronto Coach Terminal Inc. for the accounting period ending November 2, 2013.
    Approved
  3. PricewaterhouseCoopers LLP 2012 Management Letter – Follow-up Report
    It is recommended that the Board:
    1. Receive the attached follow-up report on the PricewaterhouseCoopers LLP (“PWC”), management letter, for information; and
    2. Approve the forwarding of TCTI’s response to PWC’s management letter in a combined report to the TTC Board and the Audit Committee of the City of Toronto.
      Approved
  4. Proxy to Vote Toronto Coach Terminal Inc. Shares in TTC Insurance Company Limited
    It is recommended that the Board approve the attached proxy to exercise the 970 Toronto Coach Terminal Inc. shares in TTC Insurance Company Limited for any Shareholders Meeting that is held during the year 2014.
    Approved
  5. Appointments – TCTI Audit Committee
    The TCTI Board of Directors approved the reappointment of J. Parker (Chair), P. Milczyn and G. De Baeremaker to the TCTI Audit Committee.

4. New Business

Nil.

5. Correspondence

Nil.

The meeting adjourned at 11:52 a.m.

X
Cookies help us improve your website experience.
By using our website, you agree to our use of cookies.
Confirm