Meeting of Shareholders - June 22, 2015


Meeting Info

Date:Sunday, June 21, 2015
Start Time:10:02 a.m.
Location:Council Chambers, City Hall, 100 Queen Street West
Meeting No:29
  • 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

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

Minutes of the Previous Meeting

Business Arising Out of Minutes

Public Presentations

Requests to speak must be registered by 12:00 Noon of the business day preceding meeting day.

Notices of Motions

Motions Without Notice

Items of Which Notice has Previously Been Given

Items Deferred From Last Meeting to Permit Debate/Public Presentation

1. Reports with Confidential Attachments

2. Presentations

4. New Business

5. Correspondence

A correspondence summary will be distributed at the meeting.

A meeting of the Shareholders was held in Council Chambers, City Hall, 100 Queen Street West, Toronto, on Monday, June 22, 2015 at 10:02 a.m. for the purpose of discussing business related to the Company.

Present

J. Mihevc (Chair - TTCICL), D. Minnan-Wong (Vice Chair - TTCICL), S. Carroll (Director), J. Colle, A. Heisey, V. Crisanti, R. Lalonde, R. Byers (TTC Commissioners), V. Rodo (President), 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.

V. Rodo was in the Chair.

Declaration of Interest - Municipal Conflict of Interest Act

Nil

Minutes of the Previous Meeting

  • TTCICL Shareholders Meeting No. 28 – February 25, 2015

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

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) Election of Directors

The Shareholders elected the following as Directors:

  • Joe Mihevc
  • Rick Byers
  • Ron Lalonde
  • Vincent Rodo
  • Michael Roche
  • Brian Leck

(b) Election of Chair and Vice Chair

The Shareholders elected Joe Mihevc as Chair and Vincent Rodo as Vice Chair.

(c) Receipt of Financial Statements of TTCICL for the Year Ended December 31, 2014

The Shareholders received the financial statements of TTCICL for the year ended December 31, 2014.

(d) Appointment of External Auditor

The Shareholders approved the appointment of PwC LLP for the provision of external audit services for the 2015 fiscal year.

(e) Appointment of Actuary

The Shareholders approved the appointment of Collins Barrow Toronto Actuarial Services Inc. as the Appointed Actuary for the 2015 fiscal year.

4. New Business

Nil

5. Correspondence

Nil

The meeting adjourned at 10:08 a.m.

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