Minutes of City Council as Shareholder of Guelph Junction Railway LimitedMonday, June 28, 2021 at 5:00 P.m. - 5:30 P.m.Remote meeting live streamedon guelph.ca/liveCouncil:Chair C. DownerMayor C. GuthrieCouncillor P. AlltCouncillor B. BellCouncillor C. BillingsCouncillor L. CaronCouncillor D. GibsonCouncillor R. GollerCouncillor J. GordonCouncillor M. MacKinnonCouncillor D. O'RourkeCouncillor M. SalisburyAbsent:Councillor J. HoflandStaff:S. Stewart, Director and Chief Executive Officer, Guelph Junction Railway LimitedC. Clack-Bush, Deputy Chief Administrative Officer, Public ServicesJ. Holmes, Deputy Chief Administrative Officer, Infrastructure, Development and Enterprise ServicesT. Lee, Chief Financial Officer, Guelph Junction Railway LimitedJ. Regan, General Manager, Economic Development and TourismL. Petroczi, General Manager, Guelph Junction Railway LimitedS. O'Brien, General Manager, City Clerk's Office/City ClerkL. Cline, Council and Committee CoordinatorD. Tremblay, Council and Committee Coordinator1.Call to Order Chair Downer called the meeting to order (5:00 p.m.).1.1Disclosure of Pecuniary Interest and General Nature Thereof There were no disclosures.2.Confirmation of Open Minutes 1.July 22, 2020 Council as Shareholder of GJR Minutes.pdfMoved ByCouncillor AlltSeconded ByCouncillor MacKinnonThat the minutes of the open City Council as Shareholder of Guelph Junction Railway Limited Meeting held July 22, 2020 be confirmed as recorded and without being read.Voting in Favour: (10)Councillor MacKinnon, Councillor Gibson, Councillor Allt, Councillor Bell, Councillor Billings, Chair Downer, Councillor Goller, Councillor Gordon, Councillor O'Rourke, and Councillor SalisburyCarried (10 to 0)3.Consent Agenda Moved ByCouncillor O'RourkeSeconded ByCouncillor AlltThat the June 28, 2021 City Council as Shareholder of Guelph Junction Railway Limited Consent Agenda as identified below, be adopted:3.12020 GJR Audited Financial Statements and 2021 Appointment of External Auditor - 2021-175 1.2020 GJR Audited Financial Statements and 2021 Appointment of External Auditor - 2021-175.pdf2.Attachment-1 2020 Audited Financial Statements.pdf That the Guelph Junction Railway Limited Audited Financial Statements for the year-ended December 31, 2020 be received for information. That KPMG LLP be appointed as the external auditor for Guelph Junction Railway Limited for the fiscal years ending 2021 through 2024. That the Chief Financial Officer be authorized to annually execute the engagement letter with KPMG LLP subject to the terms approved. Voting in Favour: (10)Councillor Goller, Councillor O'Rourke, Councillor Salisbury, Councillor Bell, Councillor Allt, Councillor Gordon, Councillor Billings, Chair Downer, Councillor MacKinnon, and Councillor GibsonCarried (10 to 0)4.Items for Discussion 4.1Guelph Junction Railway 2020 Annual Report - 2021-167 1.Guelph Junction Railway 2020 Annual Report - 2021-167.pdf2.Attachment-1 GJR Annual Report 2020.pdf3.Attachment-2 GJR Annual Report 2020 Presentation.pdfScott Stewart, Director and Chief Executive Officer, Guelph Junction Railway Limited, presented the Guelph Junction Railway 2020 Annual Report.Moved ByCouncillor O'RourkeSeconded ByCouncillor GollerThat City Council in its capacity as the sole shareholder of the Guelph Junction Railway Limited receives and approves the Guelph Junction Railway 2020 Annual Report.Voting in Favour: (12)Councillor Salisbury, Councillor O'Rourke, Councillor MacKinnon, Councillor Gordon, Councillor Goller, Councillor Gibson, Chair Downer, Councillor Caron, Councillor Billings, Councillor Bell, Councillor Allt, and Mayor GuthrieCarried (12 to 0)5.Adjournment Moved ByCouncillor BillingsSeconded ByCouncillor CaronThat the meeting be adjourned (5:42 p.m.). Voting in Favour: (12)Mayor Guthrie, Councillor Gibson, Councillor Bell, Councillor Gordon, Councillor Goller, Councillor Allt, Councillor Salisbury, Chair Downer, Councillor MacKinnon, Councillor O'Rourke, Councillor Billings, and Councillor CaronCarried (12 to 0)No Item Selected This item has no attachments1.2020 GJR Audited Financial Statements and 2021 Appointment of External Auditor - 2021-175.pdf2.Attachment-1 2020 Audited Financial Statements.pdf1.Guelph Junction Railway 2020 Annual Report - 2021-167.pdf2.Attachment-1 GJR Annual Report 2020.pdf3.Attachment-2 GJR Annual Report 2020 Presentation.pdf1.July 22, 2020 Council as Shareholder of GJR Minutes.pdf