Item - 2026.DB16.2

Tracking Status

DB16.2 - Introduction of By-laws

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Committee Decision

The Debenture Committee passed By-laws 611-2026 and 612-2026, 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 Paul Johnson (Carried)

12:37 p.m. - That Bill 616, prepared for the June 22, 2026, Meeting 16 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

616

611-2026

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 DB16.1, as adopted by the Debenture Committee on June 22, 2026 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 Paul Johnson (Carried)

12:37 p.m. - That confirmatory bills to confirm the legislative proceedings of the Debenture Committee acting under delegated authority at Meeting 16 on June 22, 2026, 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

617

612-2026

Enacted

To confirm the proceedings of the Debenture Committee at Meeting 16 held on June 22, 2026, 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.)

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