Meeting of Directors - May 31, 2016


Meeting Info

Date:Monday, May 30, 2016
Start Time:11:18 a.m.
Location:Committee Room 1, City Hall, 100 Queen Street West
Meeting No:48
  • Agenda
  • Meeting Minutes

Members

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

Members

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

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

Nil

5. Correspondence

A correspondence summary will be distributed at the meeting.

A meeting of the Board of Directors was held in Committee Room 1, City Hall, 100 Queen Street West, Toronto, on Tuesday, May 31, 2016 at 11:18 a.m. for the purpose of discussing business related to the Company.

Present

J. Mihevc (Chair – TTCICL), R. Lalonde, R. Byers (Directors),G. De Baeremaeker, S. Carroll, J. Colle, A. Heisey, V. Crisanti, (TTC Commissioners), V. Rodo (President), B.M. Leck (General Counsel), M. Cosgrove (Secretary), B. Ross (Executive Director – Corporate Communications), R. Leary (Chief – Service Officer), S. Reed Tanaka (Chief – Capital Officer), J. Taylor (Chief of Staff), D. McDonald (Co-ordinator – Corporate Secretariat), Jim K. Christie, (Collins Barrow Toronto Actuarial Services Inc.), 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

(b) Election of Officers

The Board of Directors appointed the following Officers to June 2017 (current slate as presented):

  • President Vincent Rodo
  • Treasurer Michael Roche
  • Secretary Mark Cosgrove
  • General Counsel Brian Leck

(c) Investment

The Board of Directors received the report for information.

(d) 2016 Budget

The Board of Directors approved the 2016 budget for TTCICL.

4. New Business

Nil

5. Correspondence

Nil

The meeting adjourned at 11:21 a.m.

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