Item - 2021.DB13.2

Tracking Status

DB13.2 - Enactment of By-laws

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Decision

The Debenture Committee enacted By-laws 962-2021 and 963-2021.

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 901 prepared for the November 19, 2021 meeting of the Debenture Committee:

 

Bill No.

By-law No.

Status

Title and Authority

901

962-2021

Enacted

To authorize the borrowing upon sinking fund debentures in the principal amount of $200,000,000.00 for capital works of the City of Toronto.

 

Debenture Committee Item DB13.1, as adopted by the Debenture Committee on November 19, 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 13 on November 19, 2021:

 

Bill No.

By-law No.

Status

Title and Authority

902

963-2021

Enacted

To confirm the proceedings of the Debenture Committee at Meeting 13 held on November 19, 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