Agenda

Consolidated



Board of Directors of the Toronto Atmospheric Fund


Meeting No. 12   (Special)   Contact Jennifer Lin, Committee Secretary
Meeting Date Friday, June 4, 2021
  Phone 416-338-5089
Start Time 2:00 PM
  E-mail tafboard@toronto.ca
Location Video Conference
  Chair   Parminder Sandhu  


Board of Directors of the Toronto Atmospheric Fund

Parminder Sandhu (Chair)

Karim Bardeesy

Graysanne Bedell 

Antoine Belaieff

Councillor Brad Bradford
Councillor Shelley Carroll

Andrew Dooner

Councillor Mike Layton (Vice Chair)

Jacoline Loewen

Kimberly Marshall (Treasurer)

Wayne Miranda

 

The meeting of the Board of Directors of the Toronto Atmospheric Fund will be held by electronic means and the proceedings of the Board of Directors of the Toronto Atmospheric Fund will be conducted publicly. 

 

These measures are necessary to comply with physical distancing requirements and as civic buildings are closed to the public.

 

Board members and participating Officials will be provided with the video conference details closer to the meeting date.

 

To provide comments or make a presentation to the Board of Directors of the Toronto Atmospheric Fund

 

The public may submit written comments or register to speak to the Board on any item on the agenda.

 

Written comments may be submitted by writing to tafboard@toronto.ca.

 

To speak to the Board, please register by e-mail to tafboard@toronto.ca or by phone at 416-338-5089. Registered speakers will be provided with instructions on connecting to the meeting.

 

Special Assistance for Members of the Public: City staff can arrange for special assistance with some advance notice. If you need special assistance, please call 416-338-5089, TTY 416-338-0889 or e-mail tafboard@toronto.ca.

 

Closed Meeting Requirements: If the Board of Directors of Toronto Atmospheric Fund wants to meet in closed session (privately), a member of the Board must make a motion to do so and give the reason why the Board has to meet privately (City of Toronto Act, 2006).

 

Notice to people writing or making presentations to the Board of Directors of the Toronto Atmospheric Fund: The City of Toronto Act, 2006 and the City of Toronto Municipal Code authorize the City of Toronto to collect any personal information in your communication or presentation to City Council or its committees. The City collects this information to enable it to make informed decisions on the relevant issue(s). If you are submitting letters, faxes, e-mails, presentations or other communications to the City, you should be aware that your name and the fact that you communicated with the City will become part of the public record and will appear on the City's website. The City will also make your communication and any personal information in it - such as your postal address, telephone number or e-mail address - available to the public, unless you expressly request the City to remove it.

 

Many Committee, Board, and Advisory Body meetings are available over the internet for the public to view. If you speak at the meeting you may appear in the video record of the meeting.

 

If you want to learn more about why and how the City collects your information, write to the City Clerk's Office, City Hall, 100 Queen Street West, Toronto ON M5H 2N2 or call 416-338-5089. 


 

toronto.ca/council 

This agenda and any supplementary materials submitted to the City Clerk can be found online at www.toronto.ca/council. Visit the website for access to all agendas, reports, decisions and minutes of City Council and its committees. Items with original signatures are kept on file with the City Clerk's Office and are available for viewing.  

 

  

Declarations of Interest under the Municipal Conflict of Interest Act

 

The speakers list will be posted online at 1:00 p.m. on June 4, 2021

 

Communications/Reports

 

TA12.1

ACTION 

 

 

 

Direct Investment Request - 2020 - #4C
Confidential Attachment - commercial and financial information, supplied in confidence to the Toronto Atmospheric Fund, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position, or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization
Origin
(June 2, 2021) Report from the Vice President, Impact Investing
Recommendations

The Vice President, Impact Investing recommends that the Board of Directors of the Toronto Atmospheric Fund:

 

1.  Direct that the confidential information contained in Confidential Attachments 1 and 2 remain confidential in their entirety, as they contain commercial and financial information, supplied in confidence to The Atmospheric Fund, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position, or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

Summary

This report pertains to the potential for an additional investment, following on previous investment. If advanced it would comply with investment limits as set out in Toronto Atmospheric Fund’s investment policy.

Financial Impact

None to the City.

Background Information
(June 2, 2021) Report from the Vice President, Impact Investing on Direct Investment Request - 2020 - #4C
(http://www.toronto.ca/legdocs/mmis/2021/ta/bgrd/backgroundfile-167592.pdf)

Confidential Attachment 1 - Updates to Request
Confidential Attachment 2 - Confidential Material from April 26, 2021