Item - 2021.DB10.2

Tracking Status

DB10.2 - Enactment of By-laws

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Decision

The Debenture Committee enacted By-laws 334-2021 and 335-2021.

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 318 prepared for the April 27, 2021 meeting of the Debenture Committee:

 

Bill No.

By-law No.

Status

Title and Authority

318

334-2021

Enacted

To authorize the borrowing upon sinking fund debentures in the principal amount of $350,000,000.00 for capital works of the City of Toronto.

 

Debenture Committee Item DB10.1, as adopted by the Debenture Committee on April 27, 2021 under the delegated authority of Section 30-3.5 of Chapter 30, Debenture and Other Borrowing, of the City of Toronto Municipal Code.

 


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 10 on April 27, 2021:

 

Bill No.

By-law No.

Status

Title and Authority

319

335-2021

Enacted

To confirm the proceedings of the Debenture Committee at Meeting 10 held on April 27, 2021 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