Meeting of Directors - June 21, 2012


Meeting Info

Date:Wednesday, June 20, 2012
Start Time:2:17 p.m.
Location:Committee Room 3, 2nd Floor, City Hall, 100 Queen Street West
Meeting No:40
  • Agenda
  • Meeting Minutes

Members

Members

  • Chair Peter Milczyn
  • Vice-Chair John Parker
  • Karen Stintz
  • Brian Leck
  • Michael Roche
  • Vincent Rodo

Members

Members

  • Chair Peter Milczyn
  • Vice-Chair John Parker
  • Karen Stintz
  • Brian Leck
  • Michael Roche
  • Vincent Rodo

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 Confidential Attachments (TTC Procedural 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)

Nil

Minutes of the Previous Meeting

Business Arising Out of Minutes

Nil

Public Presentations

Nil

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

5. Correspondence

A correspondence summary will be distributed at the meeting.

A meeting of the Board of Directors was held in Committee Room 3, 2nd Floor, City Hall, 100 Queen Street West, Toronto, on Thursday, June 21, 2012 at 2:17 p.m. for the purpose of discussing business related to the Company.

Present

P. Milczyn (Chair – TTCICL), J. Parker (Vice-Chair - TTCICL), K. Stintz (Director - TTCICL), J. Colle, M. Augimeri (TTC Commissioners), V. Rodo (President), M.A. Roche (Treasurer), B.M. Leck (General Counsel), A. Byford, M. Ferreira, and J. Cheng (Actuary from J.S. Cheng & Partners) were present.

Vincent Rodo was in the Chair.

Declaration of Interest - Municipal Conflict of Interest Act

Nil

Minutes of the Previous Meeting

Nil

Business Arising Out of the Minutes

Nil

Committee of the Whole Resolution

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) Allotment and Issuance of Shares

There were no new Directors appointed to the Board, so there was no need to allot five (5) common shares in the capital stock of the Company.

(b) Election of Officers

The Board of Directors appointed the following Officers for a one-year term from June 21, 2012:

  • President Vincent Rodo
  • Treasurer Michael Roche
  • Secretary Melissa Ferreira
  • General Counsel Brian Leck

(c) TTC Insurance Company Limited - Investment

The Board received this report for information.

(d) 2012 Budget

The Board approved the 2012 budget for TTC Insurance Company Limited.

4. New Business

Nil

5. Correspondence

Nil

The meeting adjourned at 2:20 p.m.

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