Item - 2020.DB7.2

Tracking Status

DB7.2 - Enactment of By-laws

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Decision

The Debenture Committee enacted By-laws 675-2020 and 676-2020.

Summary

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

Motions

1 - Motion to Introduce and Pass General Bills moved by Mayor John Tory (Carried)

That the Debenture Committee pass and declare as a by-law Bill 659 prepared for the August 21, 2020 meeting of the Debenture Committee:

 

Bill No.

By-law No.

Status

Title and Authority

659

675-2020

Enacted

To authorize the borrowing upon sinking fund debentures in the principal amount of $300,000,000.00 for capital works of the City of Toronto.

 

Debenture Committee Item DB7.1, as adopted by the Debenture Committee on August 21, 2020 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 Mayor John Tory (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 7 on August 21, 2020:

 

Bill No.

By-law No.

Status

Title and Authority

660

676-2020

Enacted

To confirm the proceedings of the Debenture Committee at Meeting 7 held on August 21, 2020 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.)

 

Source: Toronto City Clerk at www.toronto.ca/council