Item - 2021.TA11.9
Tracking Status
- This item was considered by Board of Directors of the Toronto Atmospheric Fund on April 26, 2021 and was adopted without amendment.
TA11.9 - Rescission of Decision Respecting Item TA 4.11 - Direct Investment
- Decision Type:
- ACTION
- Status:
- Adopted
Board Decision
The Board of Directors of the Toronto Atmospheric Fund:
1. Rescinded the November 8, 2019 decision on item TA4.11 - Direct Investment Request respecting a Direct Investment of $2,000,000.
Origin
(April 12, 2021) Report from the Vice President, Impact Investing
Summary
Rescission of a previously approved Direct Investment of $2,000,000 is recommended as the project was completely revamped and has been moved to a new location.
Background Information
(April 12, 2021)
Report from the Vice President, Impact Investing on Rescission of Decision Respecting Item TA4.11 - Direct Investment
https://www.toronto.ca/legdocs/mmis/2021/ta/bgrd/backgroundfile-165751.pdf
https://www.toronto.ca/legdocs/mmis/2021/ta/bgrd/backgroundfile-165751.pdf
Motions
Motion
to Adopt Item
moved by
Kimberly Marshall
(Carried)