Item - 2018.MM41.50

Tracking Status

MM41.50 - Remuneration for Public Directors of CreateTO, Build Toronto and the Toronto Port Lands Company - by Councillor David Shiner, seconded by Councillor Jim Hart

Decision Type:
ACTION
Status:
Adopted
Wards:
All

City Council Decision

City Council on May 22, 23 and 24, 2018, adopted the following:

 

1.  City Council direct that the public members of CreateTO, Build Toronto and Toronto Port Lands Company be compensated for attendance at meetings of all three Boards up to the approved maximum retainer established by City Council, retroactive to January 1, 2018, and that the Shareholder Directions for Build Toronto and the Toronto Port Lands Company be amended accordingly.

City Council Decision Advice and Other Information

City Council reopened Item EX29.5 only as it pertains to the compensation provision in Paragraph 4.7(b) in the shareholder directions for Build Toronto and Toronto Port Lands Company.


 

Background Information (City Council)

Motions (City Council)

Motion to Introduce Motion without Notice moved by Councillor David Shiner (Carried)

That Councillor David Shiner be permitted to add to the agenda of today's meeting an urgent Motion without Notice concerning: 

 

Remuneration for Public Directors of CreateTO, Building Toronto and the Toronto Port Lands Company


Reason for Urgency:

 

This Motion is urgent as the Directors have attended a number of Build Toronto and Toronto Port Lands Board meetings since January 1, 2018 and a number of further board meetings have been scheduled through the balance of the year.


Motion to Re-open Item (Carried)

Speaker Nunziata advised Council that consideration of Motion MM41.50 requires a re-opening of Item EX29.5. A two-thirds vote of the Council Members present is required to re-open the Item. If re-opened, the previous Council decision remains in force unless Council decides otherwise.


Motion to Adopt Item (Carried)
Source: Toronto City Clerk at www.toronto.ca/council