Meeting of Directors - June 24, 2013


Meeting Info

Date:Sunday, June 23, 2013
Start Time:11:23 a.m.
Location:Committee Room 2, 2nd Floor, City Hall, 100 Queen Street West
Meeting No:42
  • 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

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

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 2, 2nd Floor, City Hall, 100 Queen Street West, Toronto, on Monday, June 24, 2013 at 11:23 a.m. for the purpose of discussing business related to the Company.

Present

J. Parker (Vice-Chair - TTCICL), M. Adamson, R. Cho, J. Colle, G. De Baeremaeker, A. Heisey, (TTC Commissioners), V. Rodo (President), M.A. Roche (Treasurer), B.M. Leck (General Counsel), M. Ferreira (Secretary), A. Byford (TTC CEO), D. Dixon (TTC COO), C. Upfold (TTC Acting CSO), S. Ghaly (TTC CCO), J. Taylor (TTC Chief of Staff), B. Ross (TTC Executive Director – Corporate Communications), K. Lee (TTC Head of Commission Services), D. McDonald (Co-ordinator – Corporate Secretariat), J. Cheng (J.S. Cheng & Partners), and C. Russell and L. Wittich (PricewaterhouseCoopers LLP) 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

  1. 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.
  2. Election of Officers
    The Board of Directors appointed the following Officers for a one-year term from June 24, 2013:
    • President: Vincent Rodo
    • Treasurer: Michael Roche
    • Secretary: Melissa Ferreira
    • General Counsel: Brian Leck
  3. TTC Insurance Company Limited - Investment
    The Board received this report for information.
  4. 2013 Budget
    The Board approved the 2013 budget for TTC Insurance Company Limited.

4. New Business

Nil

5. Correspondence

Nil

The meeting adjourned at 11:26 a.m.

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