Item - 2025.DB12.2

Tracking Status

This item was considered by Debenture Committee on September 22, 2025 and was adopted without amendment.
See also By-law 1060-2025

DB12.2 - Introduction of By-laws

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Committee Decision

The Debenture Committee passed By-laws 1059-2025 and 1060-2025, subject to Section 226.9 of the City of Toronto Act, 2006.

Summary

The Debenture Committee will introduce a general Bill and a confirming Bill.

Motions

1 - Motion to Introduce and Pass General Bills moved by Stephen Conforti (Carried)

1:35 p.m. - That Bill 1031, prepared for the September 22, 2025, Meeting 12 of the Debenture Committee, be declared as a by-law and passed subject to Section 226.9 of the City of Toronto Act, 2006, as follows:

Bill No.	By-law No.	Status	Title and Authority
1031	1059-2025	Enacted	To authorize the borrowing upon additional sinking fund debentures in the principal amount of $200,000,000.00 for capital works of the City of Toronto, pursuant to the City of Toronto Green Debenture Framework (the "Green Debenture Framework"). Debenture Committee Item DB12.1, as adopted by the Debenture Committee on September 22, 2025 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 Stephen Conforti (Carried)

1:37 p.m. - That confirmatory bills to confirm the legislative proceedings of the Debenture Committee acting under delegated authority at Meeting 12 on September 22, 2025, be declared as by-laws and passed subject to Section 226.9 of the City of Toronto Act, 2006, as follows:

Bill No.	By-law No.	Status	Title and Authority
1032	1060-2025	Enacted	To confirm the proceedings of the Debenture Committee at Meeting 12 held on September 22, 2025, as they relate 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.)