Item - 2019.EX8.1

Tracking Status

  • City Council adopted this item on October 2 and 3, 2019 without amendments and without debate.
  • This item was considered by the Executive Committee on September 18, 2019 and adopted without amendment. It will be considered by City Council on October 2 and 3, 2019.

EX8.1 - Transfer Payment Agreement for Provincial Audit and Accountability Fund Grant

Decision Type:
ACTION
Status:
Adopted on Consent
Wards:
All

City Council Decision

City Council on October 2 and 3, 2019, adopted the following:

 

1.  City Council authorize the Chief Financial Officer and Treasurer to negotiate, enter into and execute a Transfer Payment Agreement with Her Majesty the Queen in right of Ontario as represented by the Minister of Municipal Affairs and Housing for the Province of Ontario, and any amendments as may be required, to receive funds from the Audit and Accountability Fund, in accordance with terms and conditions satisfactory to the Chief Financial Officer and Treasurer, and in a form acceptable to the City Solicitor.

Background Information (Committee)

(September 3, 2019) Report from the Chief Financial Officer and Treasurer on Transfer Payment Agreement for Provincial Audit and Accountability Fund Grant
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-137155.pdf

EX8.1 - Transfer Payment Agreement for Provincial Audit and Accountability Fund Grant

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Recommendations

The Executive Committee recommends that:

 

1.  City Council authorize the Chief Financial Officer and Treasurer to negotiate, enter into and execute a Transfer Payment Agreement with Her Majesty the Queen in right of Ontario as represented by the Minister of Municipal Affairs and Housing for the Province of Ontario, and any amendments as may be required, to receive funds from the Audit and Accountability Fund, in accordance with terms and conditions satisfactory to the Chief Financial Officer and Treasurer, and in a form acceptable to the City Solicitor.

Origin

(September 3, 2019) Report from the Chief Financial Officer and Treasurer

Summary

This report seeks approval for the Chief Financial Officer and Treasurer to enter into a Transfer Payment Agreement with the Province to enable the City of Toronto to receive $500,000 from the Audit and Accountability Fund.

Background Information

(September 3, 2019) Report from the Chief Financial Officer and Treasurer on Transfer Payment Agreement for Provincial Audit and Accountability Fund Grant
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-137155.pdf

Motions

1 - Motion to Adopt Item moved by Deputy Mayor Denzil Minnan-Wong (Carried)
Source: Toronto City Clerk at www.toronto.ca/council