Meeting of Directors - June 22, 2015


Meeting Info

Date:Sunday, June 21, 2015
Start Time:10:15 a.m.
Location:Chamber Council, City Hall, 100 Queen Street West
Meeting No:47
  • Agenda
  • Meeting Minutes

Members

Members

  • Chair Joe Mihevc
  • Vice Chair Denzil Minnan-Wong
  • Shelley Carroll
  • Brian Leck
  • Michael Roche
  • Vincent Rodo

Members

Members

  • Chair Joe Mihevc
  • Vice Chair Denzil Minnan-Wong
  • Shelley Carroll
  • 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

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

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 Chamber Council, City Hall, 100 Queen Street West, Toronto, on Monday, June 22, 2015 at 10:15 a.m. for the purpose of discussing business related to the Company.

Present

J. Mihevc (Chair – TTCICL), V. Rodo (Vice Chair and President - TTCICL), R. Byers, R. Lalonde (Directors), J. Colle, A. Heisey, V. Crisanti, D. Minnan-Wong, S. Carroll (TTC Commissioners), M.Roche (Treasurer), B.M. Leck (General Counsel), M. Ferreira (Secretary), A. Byford (CEO), J. Taylor (Chief of Staff), K. Lee (Head of Commission Services), D. McDonald (Co-ordinator –Corporate Secretariat), Jim K. Christie, Carrie Lam (Collins Barrow Toronto Actuarial Services Inc.), Cathy Russell and Akif Siddiqui (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

(a) Allotment and Issuance of Shares

Three new Director(s) were appointed to the Board. The Secretary allotted five (5) common shares in the capital stock of the Company to the newly appointed Directors.

(b) Election of Officers

The Board of Directors appointed the following Officers to June 2016:

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

(c) Investment

The Board of Directors received the report for information.

(d) 2015 Budget

The Board of Directors approved the 2015 budget for TTCICL.

4. New Business

Nil

5. Correspondence

Nil

The meeting adjourned at 10:18 a.m.

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