Item - 2019.DB4.2
Tracking Status
- This item was considered by Debenture Committee on December 11, 2019 and was adopted without amendment.
- See also By-law 1748-2019
DB4.2 - Enactment of By-laws
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Decision
The Debenture Committee enacted By-laws 1747-2019 and 1748-2019.
Summary
Debenture Committee will adopt a general Bill and a confirming Bill.
Motions
That the Debenture Committee pass and declare as a by-law Bill 1708 prepared for the December 11, 2019 meeting of the Debenture Committee:
|
Bill No. |
By-law No. |
Status |
Title and Authority |
|
1708 |
1747-2019 |
Enacted |
To authorize the borrowing upon additional sinking fund debentures in the principal amount of $100,000,000.00 for capital works of the City of Toronto. (Re-opening of the 2.65 percent $300,000,000.00 sinking fund debentures due November 9, 2029, issued on May 9, 2019)
Debenture Committee Item DB4.1, as adopted by the Debenture Committee on December 11, 2019 under the delegated authority of Section 30-3.5 of City of Toronto Municipal Code Chapter 30, Debenture and Other Borrowing. |
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 4 on December 11, 2019, as follows:
|
Bill No. |
By-law No. |
Status |
Title and Authority |
|
1709 |
1748-2019 |
Enacted |
To confirm the proceedings of the Debenture Committee at Meeting 4 held on December 11, 2019 as it relates to decisions made under delegated authority.
(This final confirming By-law confirms the actions taken by the Debenture Committee under delegated authority at this meeting, including the enactment of any previous confirming By-laws.) |