City Council as Shareholder of Guelph Municipal Holdings Inc.
Meeting Agenda

Tuesday, June 24, 2025 at 3:30 P.m. - 4:30 P.m.

Council Chambers

Guelph City Hall, 1 Carden Street

Changes to the original agenda are noted with an asterisk "*".

City Council as a Shareholder of GMHI meetings are held in a hybrid format. Members of City Council and registered delegates may participate in person or virtually. If you're a member of the public and want to watch a meeting, you can attend in person or watch the meeting remotely on guelph.ca/live. Please note that live streams may not be available for all meetings.

 

Visit guelph.ca/delegate to submit correspondence or register to speak before Council regarding an item on this agenda. 

To listen to the meeting over the phone, call 1-416-216-5643 and enter access code 2342 531 7132.

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1.

Call to Order

1.1

Disclosure of Pecuniary Interest and General Nature Thereof

2.

Confirmation of Open Minutes

• Recommendation:
  1. That the minutes of the open City Council as Shareholder of GMHI meetings held June 25, 2024, be confirmed as recorded and without being read.

3.

Guelph Municipal Holdings Inc. 2024 Annual Report and Financial Reporting to the Shareholder , 2025-307

Presentation:
Jennifer Charles, Corporate Secretary, Guelph Municipal Holdings Inc.
Jane Armstrong, Director, Alectra Utilities Inc., City of Guelph Appointee to the Board 

• Recommendation:
  1. That Council of The Corporation of the City of Guelph, in its capacity as the sole shareholder of Guelph Municipal Holdings Inc., receives the Guelph Municipal Holdings Inc. 2024 Annual Report and Audited Financial Statements to Shareholders for information.

4.

Guelph Municipal Holdings Inc. – Governance Update, 2025-300

• Recommendation:
  1. That the staff report dated June 24, 2025 entitled Guelph Municipal Holdings Inc. – Governance Update be received.
  2. That the Amended and Restated Shareholder Declaration of The Corporation of the City of Guelph, as the sole shareholder of Guelph Municipal Holdings Inc., included as Attachment-1, be approved by resolution of the shareholder.
  3. That the Amended and Restated By-law Number 1 of Guelph Municipal Holdings Inc., attached as Attachment-2, be confirmed by resolution of the shareholder.
  4. That Gene Matthews be elected as a director of Guelph Municipal Holdings Inc. to hold office for a term of up to three (3) years, subject to earlier resignation, removal, or election of his successor.

5.

Adjournment