Meeting of Shareholders - June 12, 2018


Meeting Info

Date:Monday, June 11, 2018
Start Time:
Location:Committee Room 2, Toronto City Hall, 100 Queen Street West
Meeting No:5
  • Agenda
  • 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

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

4. New Business

Nil

5. Correspondence

A correspondence summary will be distributed at the meeting.

Meeting No. 33 
Tuesday, June 12, 2018

A meeting of the Shareholder was held in Committee Room 1, City Hall, 100 Queen Street West, Toronto, on Tuesday, June 12, 2018 at 10:00 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 Shareholders Meeting No. 32 – June 15, 2017

The Shareholders 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) Receipt of Proxy

(b) Election of Directors, Chair and Vice Chair

The Shareholders elected the following as Directors and Audit Committee:
 
Joe Mihevc
Rick Byers
Ron Lalonde
Dan Wright
Steven Conforti
Brian Leck

The Shareholders elected Ron Lalonde as Chair and Joe Mihevc as Vice Chair.

(c) Receipt of Financial Statements of TTCICL for the Year Ended December 31, 2017

The Shareholders received the financial statements of TTCICL for the year ended December 31, 2017.

(d) Appointment of External Auditor

The Shareholders approved the appointment of PwC LLP for the provision of external audit services for the 2018 fiscal year.

(e) Appointment of Actuary

The Shareholders approved the appointment of RSM Canada Consulting (formerly Collins Barrow Actuarial Services) Inc. as the Appointed Actuary for the 2018 fiscal year.

4. New Business

Nil

5.  Correspondence

Nil

The meeting adjourned at 10:02 a.m.

Present

 

Declaration of Interest - Municipal Conflict of Interest Act

Nil

Minutes of the Previous Meeting

Nil

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

Nil

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