Item - 2023.EX6.16
Tracking Status
- City Council adopted this item on July 19, 2023 without amendments and without debate.
- This item was considered by the Executive Committee on July 11, 2023 and adopted without amendment. It will be considered by City Council on July 19, 2023.
EX6.16 - Casa Loma Corporation 2022 Annual General Meeting and Audited Financial Statements
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on July 19 and 20, 2023, adopted the following:
1. City Council treat that portion of the City Council meeting at which the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation is considered as the Annual General Meeting of the Shareholder for Casa Loma Corporation by:
a. receiving the "Casa Loma Corporation 2022 Annual Report" and the "Casa Loma Corporation 2022 Audited Financial Statements" forming Attachments 1 and 2 to the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation, respectively; and
b. appointing Welch LLP as the Auditor of Casa Loma Corporation for fiscal year 2023 and authorizing the Board of Directors of Casa Loma Corporation to fix the remuneration of the Auditor.
2. City Council forward a copy of the "Casa Loma Corporation 2022 Audited Financial Statements" forming Attachment 2 to the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation to the Audit Committee for information.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2023/ex/bgrd/backgroundfile-237829.pdf
Attachment 1 - Casa Loma Corporation 2022 Annual Report from the Chair of the Board, dated June 23, 2023
https://www.toronto.ca/legdocs/mmis/2023/ex/bgrd/backgroundfile-237830.pdf
Attachment 2 - Casa Loma Corporation 2022 Audited Annual Financial Statements
https://www.toronto.ca/legdocs/mmis/2023/ex/bgrd/backgroundfile-237831.pdf
Attachment 3 - Report to the Board of Directors, Casa Loma Corporation, dated May 15, 2023 - Annual General Meeting and 2022 Audited Financial Statements
https://www.toronto.ca/legdocs/mmis/2023/ex/bgrd/backgroundfile-237832.pdf
EX6.16 - Casa Loma Corporation 2022 Annual General Meeting and Audited Financial Statements
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Executive Committee recommends that:
1. City Council treat that portion of the City Council meeting at which the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation is considered as the Annual General Meeting of the Shareholder for Casa Loma Corporation by:
a. receiving the "Casa Loma Corporation 2022 Annual Report" and the "Casa Loma Corporation 2022 Audited Financial Statements" forming Attachments 1 and 2 to the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation, respectively; and
b. appointing Welch LLP as the Auditor of Casa Loma Corporation for fiscal year 2023 and authorizing the Board of Directors of Casa Loma Corporation to fix the remuneration of the Auditor.
2. City Council forward a copy of the "Casa Loma Corporation 2022 Audited Financial Statements" forming Attachment 2 to the letter (June 23, 2023) from the Chief Executive Officer, Casa Loma Corporation to the Audit Committee for information.
Origin
Summary
At its meeting of May 17, 2023, the Board of the Casa Loma Corporation, considered the report from the Chief Executive Officer, forming Attachment 3 of this letter. The Board approved recommendations in the report, as shown above.
Background Information
https://www.toronto.ca/legdocs/mmis/2023/ex/bgrd/backgroundfile-237829.pdf
Attachment 1 - Casa Loma Corporation 2022 Annual Report from the Chair of the Board, dated June 23, 2023
https://www.toronto.ca/legdocs/mmis/2023/ex/bgrd/backgroundfile-237830.pdf
Attachment 2 - Casa Loma Corporation 2022 Audited Annual Financial Statements
https://www.toronto.ca/legdocs/mmis/2023/ex/bgrd/backgroundfile-237831.pdf
Attachment 3 - Report to the Board of Directors, Casa Loma Corporation, dated May 15, 2023 - Annual General Meeting and 2022 Audited Financial Statements
https://www.toronto.ca/legdocs/mmis/2023/ex/bgrd/backgroundfile-237832.pdf