Meeting of Shareholders - June 21, 2012


Meeting Info

Date:Thursday, June 21, 2012
Start Time:2:15 p.m.
Location:Committee Room 3, 2nd Floor, Toronto City Hall, 100 Queen Street West
Meeting No:25
  • Agenda
  • Meeting Minutes

Members

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

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

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

NIL

Business Arising Out of Minutes

NIL

Public Presentations

Nil

Notices of Motions

Nil

Motions Without Notice

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 Shareholders was held in Committee Room 3, 2nd Floor, City Hall, 100 Queen Street West, Toronto, on Thursday, June 21, 2012 at 2:15 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 Previous Meetings

  • TTCICL Shareholders Meeting No. 23 – June 21, 2011 and Meeting No. 24 – March 30, 2012

The Shareholders reviewed and approved the minutes of the above mentioned meeting and authorized the Chair and Secretary to sign the same.

Business Arising Out of the Minutes

NIL

The meeting adjourned at 10:52 a.m.

Committee of the Whole Resolution

NIL

Public Presentations

NIL

Motions Notice

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)

2. Presentations

Nil

3. Other Business

(a) Election of Directors

The Shareholders elected the following as Directors for a one-year tem from June 21, 2012:

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

(b) Receipt of Financial Statement for the Year Ended December 31, 2011

The Shareholders received the financial statements of TTC Insurance Company Limited for the year ended December 31, 2011.

(c) Appointment of External Auditor for 2012

The Shareholders appointed PricewaterhouseCoopers LLP to be retained by TTC Insurance Company Limited for the 2012 fiscal year.

(d) Appointment of Actuary for 2012

The Shareholders authorized the Chair and the President to appoint the actuary for the 2012 fiscal year.

4. New Business

Nil

5. Correspondence
Nil

The meeting adjourned at 2:17 p.m.

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