Meeting of Directors - June 12, 2018
Meeting Info
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Agenda
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Meeting Minutes
Members
Members
- Chair Joe Mihevc
- Rick Byers
- Ron Lalonde
- Brian Leck
Members
Members
- Chair Joe Mihevc
- Rick Byers
- Ron Lalonde
- Brian Leck
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)
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
Nil
2. Presentations
Nil
3. Other Business
4. New Business
5. Correspondence
A correspondence summary will be distributed at the meeting.
Meeting No. 51
Tuesday, June 12, 2018
A meeting of the Board of Directors was held in Committee Room 1, City Hall, 100 Queen Street West, Toronto, on Tuesday, June 12, 2018 at 10:06 a.m. for the purpose of discussing business related to the Company.
J. Mihevc (Chair – TTCICL), R. Lalonde, R. Byers (Directors), B.M. Leck (General Counsel), S. Conforti (TTCICL Treasurer), M. Cosgrove (Secretary), D. Wright (Chief Financial Officer), M. Cosgrove (Risk Manager), K. Lee and C. Finnerty (Commission Services) were present.
Joe Mihevic was in the Chair.
Declarations of Interest – Municipal Conflict of Interest Act
Nil
Minutes of Previous Meetings
- TTCICL Directors Meeting No. 50 - June 15, 2017
The Directors 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
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
The Board approved the allotment and issuance of five common shares to each newly elected director (Messrs. Wright and Conforti).
(b) Election of Officers
The Board of Directors appointed the following Officers to June 2018:
President Dan Wright
Treasurer Stephen Conforti
Secretary Mark Cosgrove
General Counsel Brian Leck
(c) Investment
The Board of Directors received the report for information.
(d) 2018 Budget
The Board of Directors approved the 2018 budget for TTCICL.
4. New Business
Nil
5. Correspondence
Nil
The meeting adjourned at 10:08 a.m.