COMMITTEE OF THE WHOLE
2001-02-13 - Canada Room,
Civic Centre
Meeting No. 5
Attendance
|
Mayor D. Cousens
Deputy Mayor F. Scarpitti (5:30 p.m.)
Regional
Councillors G. Landon
T. Wong
B.
O'Donnell
Councillors S. Daurio
E.
Shapero
J. Virgilio
(6:00 p.m.)
G.
McKelvey
J.
Heath
D.
Horchik
K.
Usman
A. Chiu
|
J. Livey, Chief Administrative Officer
R. Robinson, Town Solicitor
A. Wolfe, Commissioner of Community
Services
A. Taylor, Commissioner of Corporate
Services
M.F. Turner, Commissioner of Development
Services
J. Sales, Fire Chief
S. Birrell, Town Clerk
J. Harrison, Manager, Secretariat
Services
R. Watt, Director of Human Resources
S. Laing, Manager, Employee Relations
M. Scott, Executive Assistant to the CAO
S. Chait, Director, Corporate Quality
&
Effectiveness
|
The Committee of the Whole meeting convened
at the hour of 5:00 p.m. with Mayor D. Cousens in the Chair.
DISCLOSURE
OF INTEREST
None declared.
1. MARKHAM
HYDRO/AMALCO -
STATUS REPORT (13.7)
Mr.
Peter Faye, Chief Operating Officer and Mr. Robert Lyew, Vice President,
Finance & Treasurer, Markham Hydro, were in attendance to present 2000
third quarter results for Markham Hydro Distribution Inc., Markham Energy
Corporation and Markham District Energy Inc.
Mr.
Paul Fergus, President & CEO of AmalCo, was also in attendance to bring
Committee up-to-date on activities of the Transition Committee.
Committee
had before it a report dated January 13, 2001 from the Chief Administrative
Officer entitled ‘Updated Hydro Status Report.
RECOMMENDATION:
That the
2000 Third Quarter Report for Markham Hydro Distribution Inc., Markham Energy
Corporation and Markham District Energy Inc. be received;
And That the Markham District Energy
Corporation be restructured to facilitate the amalgamation of Markham Hydro
Distribution Inc. with the Vaughan, Aurora, and Newmarket hydro distribution
companies, and to allow the establishment of a new Markham Energy holding
company and District Energy subsidiary, and that staff be authorized to give
effect thereto and prepare the necessary by-laws to present to Council for its
consideration;
And that the individuals nominated to
the Board of Directors of AmalCo HoldCo by the Town in accordance with the
terms of the draft Shareholders’ Agreement (as approved by Markham Council and
signed by the Mayor and Clerk, Oct. 26, 2000) comprise a Transition Committee
(with Board members nominated by the participating municipalities) during the
transition period leading up to amalgamation;
And that the draft Shareholders’
Agreement continue to be implemented during the transition period by the
Transition Committee as though it were in full force and in effect today (to
the extent possible having regard to present circumstances) in order to govern
decisions relating to the operation and management of AmalCo Distribution and
AmalCo HoldCo;
And that the individuals nominated by
the Town to the Board of Directors, and therefore to the Transition Committee,
observe the provisions of the draft Shareholders’ Agreement relating to
“approval of matters” and that:
a)
matters therein requiring
shareholder approval be brought back to Council for approval; and
b)
matters therein requiring
Directors’ approval be voted upon by such nominees acting for, and in the name
of the Town of Markham, and authority to bind the Town and, where necessary,
Markham Energy Corporation is hereby delegated to such nominees.
And that the Markham appointees to the
Board of Directors of AmalCo be invited to present regular quarterly status
reports to the Finance and Administrative Committee of Markham Council;
And That the proposed name for Amalco be
approved.
In
accordance with procedural By-law 2001-1, Clause 2.18, a two-thirds vote of
Committee was received to reopen the matter of the request for funding for the
Markham Food Bank.
. . . . . . . . . . . . . . . . . . . .
2. MARKHAM
FOOD BANK - REQUEST
FOR FINANCIAL ASSISTANCE (7.6)
Council, at its meeting held on January 30,
2001, by the adoption of Clause 2 of Report No. 8, approved an interest free
loan for the Markham Food Bank in the amount of $12,000 to cover the gross
lease expenses from April 1, 2001 to March 31, 2001 from an account to be
specified by the Treasurer.
RECOMMENDATION:
That
Clause 2 of Report No. 8 be amended to read as follows:
That
a grant in the amount of $36,000 be approved to cover the gross lease expenses
of the Markham Food Bank from April 1, 2001 to March 31, 2004 from an account
to be specified by the Treasurer;
And
that the Markham Food Bank be encouraged to seek corporate sponsorship or other
funding sources to address future lease payment requirements.
. . . . . . . . . . . . . . . . . . . .
Committee
of the Whole recessed at 7:00 p.m. to convene the Council meeting and
reconvened in-camera meeting at 9:25 p.m.
. . . . . . . . . . . . . . . . . . . .