Item - 2021.TA13.12

Tracking Status

This item was considered by the Board of Directors of the Toronto Atmospheric Fund on July 9, 2021. The Committee received the item for information only. No further action will be taken on this item.

TA13.12 - Chair's Update

Decision Type:: Information

Status:: Received

Board Decision

The Board of Directors of the Toronto Atmospheric Fund received the item for information.

Decision Advice and Other Information

The Board of Directors of the Toronto Atmospheric Fund recessed its public meeting to meet in closed session to consider the item as it pertains to personal matters about identifiable individuals, and a plan to be applied to any negotiations carried on or to be carried on by or on behalf of the Board.

Origin

(July 9, 2021) Letter from the Chair, Board of Directors of the Toronto Atmospheric Fund

Summary

Chair, Board of Directors of the Toronto Atmospheric Fund will provide an update to the Board on several items, as follows:

- Executive succession planning

- Chief Execitve Officer performance review feedback

- Investment committee working group

These items will require a closed session discussion.

Background Information

(July 9, 2021) Letter from the Chair, Board of Directors of the Toronto Atmospheric Fund on Chair's Update
https://www.toronto.ca/legdocs/mmis/2021/ta/bgrd/backgroundfile-169204.pdf

Motions

1 - Motion to Add New Business at Committee moved by Councillor Brad Bradford (Carried)

2 - Motion to Meet in Closed Session moved by Graysanne Bedell (Carried)

That the Board of Directors of the Toronto Atmospheric Fund recess its public meeting to meet in closed session to consider the item as it pertains to:

- personal matters about identifiable individuals, and

- a plan to be applied to any negotiations carried on or to be carried on by or on behalf of the Board.

3 - Motion to Receive Item moved by Parminder Sandhu (Carried)

That the item be received for information.