Meeting of Shareholders - June 21, 2013
Meeting Info
Date:Sunday, June 23, 2013
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Agenda
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Meeting Minutes
Members
Members
- Chair John Parker
- Vice-Chair Josh Colle
- Commissioner Marie Augimeri
- Commissioner Karen Stintz
- Commissioner Peter Milczyn
- Commissioner Raymond Cho
- Commission Alan Heisey
- Commissioner Glenn De Baeremaeker
- Commissioner Maureen Adamson
- Commissioner Anju Virmani
- Commissioner Nick Di Donato
Members
Members
- Chair John Parker
- Vice-Chair Josh Colle
- Commissioner Marie Augimeri
- Commissioner Karen Stintz
- Commissioner Peter Milczyn
- Commissioner Raymond Cho
- Commission Alan Heisey
- Commissioner Glenn De Baeremaeker
- Commissioner Maureen Adamson
- Commissioner Anju Virmani
- Commissioner Nick Di Donato
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)
Nil
Minutes of the Previous Meeting
Business Arising Out of Minutes
Nil.
Public Presentations
Requests to speak must be registered in writing by 12:00 Noon of the day preceding meeting day.
Notices of Motions
Nil.
Motions Without Notice
Nil.
1. Reports with Confidential Attachments
Nil.
2. Presentations
Nil.
3. Other Business
1. List of Shareholders (For Information)
2. Nomination and Election of Directors (For Action)
3. Receipt of Financial Statements of Toronto Coach Terminal (TCTI) for the year ended December 31, 2012 (For Information)
4. Ratification of All Accounts, Contracts, By-Laws and Proceedings of Directors since the Last Annual Shareholders Meeting (For Action)
5. Discontinuation of External Financial Audit of TCTI (For Action)
4. New Business
Nil.
5. Correspondence
A correspondence summary will be distributed at the meeting.
A Meeting of Directors of Toronto Coach Terminal Inc. was held at 11:03 a.m. in Committee Room 2, 2nd Floor, Toronto City Hall, 100 Queen Street West, Toronto, Ontario for the purpose of discussing business related to the Company.
Present
J. Parker (Chair), J. Colle (Vice-Chair), K. Stintz, M. Adamson, R. Cho, A. Heisey, (Directors) V. Rodo (President and General Secretary), B. Leck (Vice-President and General Counsel), P. Buttigieg (Treasurer), A. Byford (TTC CEO), D. Dixon (TTC COO), C. Upfold (TTC Acting CSO), S. Ghaly (TTC CCO), J. Taylor (TTC Chief of Staff), M. Roche (TTC Head of Finance/Treasurer), B. Ross (TTC Executive Director – Corporate Communications), C. Russell and L. Wittich (PricewaterhouseCoopers LLP), K. Lee (TTC Head of Commission Services) and D. McDonald (Co-ordinator – Corporate Secretariat) were present.
V. Rodo was in the Chair.
Reports
Minutes of the Previous Meeting
The Board reviewed and approved the minutes of the Shareholders Meeting No. 148 held on Monday, January 21, 2013 and authorized the Chair and General Secretary to sign the same.
3. Other Business
1. List of Shareholders
The Shareholders received the foregoing report for information.
2. Nomination and Election of Directors
The Shareholders elected the following Directors for the ensuing year:
K. Stintz, J. Colle, A. Virmani, N. Di Donato, A. Heisey, P. Milczyn, J. Parker, M. Adamson, M. Augimeri, R. Cho, G. De Baeremaeker
3. Receipt of Consolidated Financial Statements of Toronto Coach Terminal Inc. for the year ended December 31, 2012
The Shareholders received the Consolidated Financial Statements of the Toronto Coach Terminal Inc. for the year ended December 31, 2012 for information.
4. Ratification of All Accounts, Contracts, By-Laws and Proceedings of Directors since the Last Annual Shareholders Meeting
The Shareholders approved a resolution ratifying all the accounts, contracts, by-laws and proceedings of Directors and Officers, as reflected in the minutes, since the last Annual Meeting of the Company that was held on June 21, 2012.
5. Discontinuance of External Financial Audit of Toronto Coach Terminal Inc.
The Shareholders approved the discontinuance of the external financial audit of the Toronto Coach Terminal Inc. (TCTI) effective January 1, 2013 as the change in its business model has significantly reduced the number and variety of financial transactions such that an external audit would not be beneficial.