Item - 2019.DB2.2

Tracking Status

This item was considered by Debenture Committee on September 20, 2019 and was adopted without amendment.
See also By-law 1298-2019

DB2.2 - Enactment of By-laws

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Committee Decision

The Debenture Committee enacted By-laws 1297-2019 and 1298-2019.

Summary

Debenture Committee will adopt a general Bill and a confirming Bill.

Background Information

(September 20, 2019) By-law Index for September 20, 2019 Debenture Committee meeting
https://www.toronto.ca/legdocs/mmis/2019/db/bgrd/backgroundfile-138005.htm

Motions

1 - Motion to Introduce and Pass General Bills moved by Chris Murray (Carried)

That the Debenture Committee pass and declare as a by-law Bill 1274 prepared for the September 20, 2019 meeting of the Debenture Committee:

Bill No.

By-law No.

Status

Title and Authority

1274

1297-2019

Enacted

To authorize the borrowing upon sinking fund debentures in the principal amount of $200,000,000.00 for capital works of the City of Toronto.

Debenture Committee Item DB2.1, as adopted by the Debenture Committee on September 20, 2019 under the delegated authority of Section 30-3.5 of City of Toronto Municipal Code Chapter 30, Debenture and Other Borrowing.

2 - Motion to Introduce and Pass Confirmatory Bill moved by Heather Taylor (Carried)

That the Debenture Committee pass and declare as a by-law a confirmatory bill to confirm the legislative proceedings of the Debenture Committee acting under delegated authority at Meeting 2 on September 20, 2019, as follows: