Meeting of Directors - September 28, 2016


Meeting Info

Date:Tuesday, September 27, 2016
Start Time:9:37 a.m.
Location:Committee Room 1, City Hall, 100 Queen Street West
Meeting No:49
  • Agenda
  • Meeting Minutes

Members

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

Members

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

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

Business Arising Out of Minutes

Nil

Public Presentations

Requests to speak must be registered by noon of the business day preceding meeting day. A final deputation list will be distributed at the meeting.

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 Wednesday, September 28, 2016 at 9:37 a.m. for the purpose of discussing business related to the Company.

Present

J. Mihevc (Chair – TTCICL), R. Lalonde, R. Byers (Directors), S. Carroll, V. Rodo (President), B.M. Leck (General Counsel), M. Cosgrove (Secretary), D. McDonald (Co-ordinator – Corporate Secretariat), were present.

Vincent Rodo was in the Chair.

Declaration of Interest - Municipal Conflict of Interest Act

Nil

Minutes of the Previous Meeting

  • TTCICL Directors Meeting No. 47 -  May 31, 2016  - approved R. Byers
  • TTCICL Directors Meeting No. 48 -  May 31, 2016 – approved R. Byers

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

1. Shared Services Agreement and Licence Amendment for TTCICL (For Action)

It is recommended that the Board of Directors approve:

(1) Proceeding to seek amendment to the Order in Council 1690/94 to allow TTCICL to expand its underwriting to include the automobile insurance risks of the City, and any further necessary and/or related amendments;

(2) To proceed with a TTCICL Licence Application to FSCO to allow TTCICL to insure automobile risks of the City; and

(3) TTCICL entering into appropriate operating and indemnity / hold harmless agreements with the TTC and the City.

 Moved – R. Byers
 Seconded – R. Lalonde

The meeting adjourned at 9:40 a.m.

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