Item - 2019.TA4.12
Tracking Status
- This item was considered by Board of Directors of the Toronto Atmospheric Fund on November 8, 2019 and was adopted without amendment.
TA4.12 - Rescission of Decision Respecting Item TA21.8 - Direct Investment
- Decision Type:
- ACTION
- Status:
- Adopted
Board Decision
The Board of Directors of the Toronto Atmospheric Fund:
1. Rescinded its July 19, 2018 decision on item TA21.8 - Direct Investment Request respecting a Direct Investment of $300,000.
Origin
(October 25, 2019) Report from the Vice President, Impact Investing
Summary
Rescission of a previously approved Direct Investment of $300,000 is recommended as the proponent no longer requires the financing.
Background Information
(October 25, 2019)
Report from the Vice President, Impact Investing on Rescission of Decision respecting Item TA21.8 - Direct Investment
https://www.toronto.ca/legdocs/mmis/2019/ta/bgrd/backgroundfile-139485.pdf
https://www.toronto.ca/legdocs/mmis/2019/ta/bgrd/backgroundfile-139485.pdf
Motions
Motion
to Adopt Item
moved by
Councillor Mike Layton
(Carried)