Meeting of Shareholders - June 21, 2011
Meeting Info
-
Agenda
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Meeting Minutes
Members
Members
- Chair Frank Di Giorgio
- Vice-Chair Cesar Palacio
- Peter Milczyn
- Brian Leck
- Michael Roche
- Vincent Rodo
Members
Members
- Chair Frank Di Giorgio
- Vice-Chair Cesar Palacio
- Peter Milczyn
- Brian Leck
- Michael Roche
- Vincent Rodo
Declaration of Interest - Municipal Conflict of Interest Act
Confidential Attachments (TTC procedural by-Law Section 29 and City Of Toronto Act Section 190 (2)
Education/Training (TTC procedural By-Law Section 29(b) and City of Toronto Act Section 190 (3.1)
Business Arising Out of Minutes
NIL
Public Presentations
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
3. Other Business
- Election of Directors (FOR ACTION)
- Receipt of Financial Statements of TTC Insurance Company Limited for the Year Ended December 31, 2010 (FOR INFORMATION)
- Appointment of External Auditor for 2011 (FOR ACTION)
- Appointment of Actuary for 2011 (FOR ACTION)
4. New Business
Nil
5. Correspondence
Present
F. Di Giorgio (Chair – TTCICL), C. Palacio - (Vice-Chair - TTCICL), P. Milczyn (Director - TTCICL), K. Stintz, V. Crisanti, N. Kelly, D. Minnan-Wong, J. Parker, (TTC Commissioners), V. Rodo (President), M.A. Roche (Treasurer), B.M. Leck (General Counsel), Gary Webster, M. Harbinson, J. Cheng (Actuary from J.S. Cheng & Partners) C. Russell, M. Walsh and S. Richardson (PricewaterhouseCoopers) were present.
F. Di Giorgio was in the Chair.
In this section
In this section
Minutes of the Previous Meeting
TTC Insurance Company Limited Shareholders Meeting No. 21 – June 21, 2010 and Meeting No. 22 – February 2, 2011
The Shareholders reviewed the approved the minutes of the above mentioned meeting and authorized the Chair and Secretary to sign the same.
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 for a one year term from June 21, 2011:
- F. Di Giorgio
- C. Palacio
- P. Milczyn
- V. Rodo
- M.A. Roche
- B.L. Leck
(b) Receipt of Financial Statements for the Year Ended December 31, 2011
The Shareholders received the financial statements of TTC Insurance Company Limited for the year ended December 31, 2010.
(c) Appointment of External Auditor for 2011
The Shareholders appointed PricewaterhouseCoopers LLP, to be retained by TTC Insurance Company Limited for the fiscal year 2011.
(d) Appointment of Actuary for 2011
The Shareholders authorized the Chair and the President to appoint the actuary for the fiscal year 2011.
4. New Business
Nil
5. Correspondence
Nil
The meeting adjourned at 10:52 a.m.