Item - 2022.DB16.2

Tracking Status

DB16.2 - Enactment of By-laws

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Decision

The Debenture Committee enacted By-laws 514-2022 and 515-2022.

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 490 prepared for the May 31, 2022 meeting of the Debenture Committee:

 

Bill No.

By-law No.

Status

Title and Authority

490

514-2022

Enacted

To authorize the borrowing upon sinking fund debentures in the principal amount of $365,000,000.00 for capital works of the City of Toronto.

 

Debenture Committee Item DB16.1, as adopted by the Debenture Committee on May 31, 2022 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 16 on May 31, 2022:

 

Bill No.

By-law No.

Status

Title and Authority

491

515-2022

Enacted

To confirm the proceedings of the Debenture Committee at Meeting 16 held on May 31, 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.)

Source: Toronto City Clerk at www.toronto.ca/council