Item - 2022.DB15.2
Tracking Status
- This item was considered by the Debenture Committee on April 13, 2022 and adopted without amendment. It will be considered by City Council on May 11 and 12, 2022.
- See also By-law 324-2022
DB15.2 - Enactment of By-laws
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Debenture Committee enacted By-laws 323-2022 and 324-2022.
Summary
Debenture Committee will adopt a general Bill and a confirming Bill.
Motions
That the Debenture Committee pass and declare as a by-law Bill 307 prepared for the April 13, 2022 meeting of the Debenture Committee:
|
Bill No. |
By-law No. |
Status |
Title and Authority |
|
307 |
323-2022 |
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 DB15.1, as adopted by the Debenture Committee on April 13, 2022 under the delegated authority of Section 30-3.5 of Chapter 30, Debenture and Other Borrowing, of the City of Toronto Municipal Code. |
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 15 on April 13, 2022:
|
Bill No. |
By-law No. |
Status |
Title and Authority |
|
308 |
324-2022 |
Enacted |
To confirm the proceedings of the Debenture Committee at Meeting 15 held on April 13, 2022 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.) |