Meeting of Directors - February 25, 2015
Meeting Info
Date:Tuesday, February 24, 2015
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Agenda
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Meeting Minutes
Members
Members
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Members
Members
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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
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 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.
3. Other Business
a. 2015 Operating Budget (For Action)
b. Financial Report for the Toronto Coach Terminal Inc. for the Accounting Period ending December 31, 2014 (For Information)
c. Election of Chair and Vice-Chair (For Action)
d. Appointment of Officers (for Action)
e. Election of Audit Committee Members and Committee Chair (For Action)
f. Proxy to Vote Toronto Coach Terminal Inc. Shares in TTC Insurance Company Limited (For Action)
b. Financial Report for the Toronto Coach Terminal Inc. for the Accounting Period ending December 31, 2014 (For Information)
c. Election of Chair and Vice-Chair (For Action)
d. Appointment of Officers (for Action)
e. Election of Audit Committee Members and Committee Chair (For Action)
f. Proxy to Vote Toronto Coach Terminal Inc. Shares in TTC Insurance Company Limited (For Action)
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 1:20 pm in Council Chamber, Toronto City Hall, 100 Queen Street West, Toronto, Ontario for the purpose of discussing business related to the Company.
Present
J. Colle, J. Campbell, S. Carroll, V. Crisanti, G. De Baeremaeker, J. Mihevc, Denzil Minnan-Wong, M. Adamson, N. Di Donato, A. Heisey QC, A. Virmani, (TTC Commissioners) V.Rodo (President and General Secretary), P. Buttigieg (Treasurer), K. Lee (TTC Head of Commission Services) and D. McDonald (Co-ordinator – Corporate Secretariat) were present.
V. Rodo was in the Chair.
Reports
Minutes of Previous Meetings
The Board reviewed and approved the minutes of the Special Meeting of Directors No. 154 and Meeting of Directors No. 155 held on Tuesday, June 24, 2014 and authorized the Chair and General Secretary to sign the same.
3. Other Business
(a) 2015 Operating Budget
The Board approved the 2015 Operating Budget for the Toronto Coach Terminal Inc. as set out in the report.
(b) Financial Report for Toronto Coach Terminal Inc. for the Accounting Period ending December 31. 2014
The Board received the Financial Report for Toronto Coach Terminal Inc. (TCTI) for the accounting period ending December 31, 2014 for information.
(c) Toronto Coach Terminal Inc. (TCTI) – Election of Chair and Vice-Chair
The Board of Directors elected V. Crisanti as Chair of TCTI and G. DeBaeremaker as Vice-Chair.
(d) Toronto Coach Terminal Inc. (TCTI) - Appointment of Officers
The Board appointed the following individuals as Officers of the company:
V. Rodo - President and General Secretary
B. Leck - Vice-President and General Counsel
P. Buttigieg - Treasurer
(e) Toronto Coach Terminal Inc. (TCTI) Election of Audit Committee Members and Committee Chair
The Board of Directors elected the following members to the TCTI Audit Committee:
- A. Heisey QC (Chair)
- M. Adamson
- V. Crisanti
- G. De Baeremaeker
- N. Di Donato
(f) Proxy to Vote Toronto Coach Terminal Inc. Shares in TTC Insurance Company Limited
The Board approved the proxy to exercise the 970 Toronto Coach Terminal Inc. shares in TTC Insurance Company Limited and authorized the Chair and General Secretary to sign the same.