Audit Committee - Toronto Coach Terminal Inc - June 22, 2015


Meeting Info

Date:Sunday, June 21, 2015
Start Time:9:30 AM
Location:Committee Room 2, 2nd Floor, Toronto City Hall
Meeting No:1
  • Agenda
  • Meeting Minutes

Members

  • Commissioner A. Heisey Q.C.
  • Commissioner Maureen Adamson
  • Commissioner V. Crisanti
  • Commissioner G. DeBaeremaeker

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)

a.

b.

Minutes of the Previous Meeting

Business Arising Out of Minutes

a.

b.

Public Presentations

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

Notices of Motions

a.

b.

Motions Without Notice

a.

b.

Items of Which Notice has Previously Been Given

a.

b.

Items Deferred From Last Meeting to Permit Debate/Public Presentation

a.

b.

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 TCTI Audit Committee was held at 10:20 am on Monday, June 22, 2015 in Committee Room 2, 2nd Floor, City Hall, Toronto in order to discuss business related to the Committee.

Present

A. Heisey QC, M. Adamson and V. Crisanti (TCTI Audit Committee), V. Rodo (TCTI President and General Secretary), B. Leck (TCTI Vice-President and General Counsel), P. Buttigieg (TCTI Treasurer), J. Colle, J. Campbell, Denzil Minnan-Wong, A. Heisey QC, R. Byers, R. Lalonde (Directors – TCTI), A. Byford (TTC Chief Executive Officer), C. Upfold (TTC Deputy Chief Executive Officer & Chief Customer Officer), R. Leary (TTC Chief Service Officer), S. Reed Tanaka (TTC Acting Chief Capital Officer), J. Taylor (TTC Chief of Staff), B. Ross (TTC Executive Director of Corporate Communications), M. Roche (TTC Head of Finance and Treasurer), , M. Ferreira (TTC Director – Treasury Services), K. Lee (TTC Head of Commission Services) and D. McDonald (Co-ordinator – Corporate Secretariat) were present.

V. Rodo was in the Chair.

K. Rowe (TTC Chair’s office) and C. Russell (Partner, PricewaterhouseCoopers) were also present

M. Roche 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

Public Presentations

Nil

Reports/Other Business

  1. Draft Consolidated Financial Statements of Toronto Coach Terminal Inc. for the year ended December 31, 2014.

The Audit Committee:

  • Approved the Draft Consolidated Financial Statements of Toronto Coach Terminal Inc. (TCTI) for the year ended December 31, 2014; and

  • Approved forwarding the Consolidated Financial Statements to the Meeting of Directors of TCTI on June 22, 2015 for formal approval; and to the City Manager, as requested by the City Council at its meeting held on May 8, 2012.

The meeting adjourned at 10:24 a.m.

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