Minutes of City Council as Shareholder of Guelph Junction Railway Limited

Wednesday, July 22, 2020 at 7:00 P.m. - 8:00 P.m.

Remote meeting live streamed

on guelph.ca/live

Council:

• Mayor C. Guthrie
• Councillor P. Allt
• Councillor C. Billings
• Councillor L. Caron
• Councillor C. Downer
• Councillor D. Gibson
• Councillor R. Goller
• Councillor J. Gordon
• Councillor J. Hofland
• Councillor M. Salisbury
• Councillor M. MacKinnon

Absent:

• Councillor B. Bell
• Councillor D. O'Rourke

Staff:

• S. Stewart, Director and Chief Executive Officer, Guelph Junction Railway Limited
• K. Dedman, Deputy Chief Administrative Officer, Infrastructure, Development and Enterprise Services
• T. Lee, Deputy Chief Administrative Officer, Corporate Services
• C. Cooper, General Manager, Legal Realty and Court Services/City Solicitor
• T. Baker, General Manager, Finance/City Treasurer
• L. Petroczi, General Manager, Guelph Junction Railway Limited
• S. O'Dwyer, Manager, Financial Reporting and Accounting
• D. McMahon, Manager, Legislative Services / Deputy City Clerk
• L. Cline, Council and Committee Coordinator
• D. Tremblay, Council and Committee Coordinator

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1.

Call to Order

Mayor Guthrie called the meeting to order (7:24 p.m.).

2.

Open Meeting

2.1

Disclosure of Pecuniary Interest and General Nature Thereof

There were no disclosures.

3.

Confirmation of Open Minutes

• Moved By Councillor Hofland
  Seconded By Councillor Caron

  That the minutes of the open City Council as Shareholder of Guelph Junction Railway Limited Meeting held June 17, 2019 be confirmed as recorded and without being read.

  Voting in Favour: (11)

  Councillor Billings, Councillor Caron, Mayor Guthrie, Councillor Gibson, Councillor Gordon, Councillor Goller, Councillor Allt, Councillor Hofland, Councillor Salisbury, Councillor Downer, and Councillor MacKinnon

  Carried (11 to 0)

4.

Consent Agenda

• Moved By Councillor Allt
  Seconded By Councillor MacKinnon

  That the July 22, 2020 City Council as Shareholder of Guelph Junction Railway Limited Consent Agenda as identified below, be adopted:

4.1

2019 Audited Financial Statements - 2020-86

• 1. That the Guelph Junction Railway Limited Audited Financial Statements for the year-ended December 31, 2019 be received for information.

4.2

Appointment of Auditors for 2020 - Guelph Junction Railway Limited - 2020-89

• 1. That the audit firm selected by City Council through the competitive procurement process in 2020 for the City’s audit be appointed by City Council, as Shareholder for Guelph Junction Railway Limited (“GJR”), as auditors for the 2020 fiscal year.

  Voting in Favour: (11)

  Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Gordon, Councillor Hofland, Councillor Salisbury, Councillor MacKinnon, and Councillor Caron

  Carried (11 to 0)

5.

Items for Discussion

5.1

Guelph Junction Railway 2019 Annual Report - 2020-92

Scott Stewart, Director and Chief Executive Officer, Guelph Junction Railway Limited, presented highlights from the Guelph Junction Railway 2019 Annual Report.

• Moved By Councillor MacKinnon
  Seconded By Councillor Allt
  1. That City Council in its capacity as the sole shareholder of the Guelph Junction Railway Limited receives and approves the Guelph Junction Railway 2019 Annual Report.

  Voting in Favour: (11)

  Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Downer, Councillor Goller, Councillor Gordon, Councillor Hofland, Councillor Salisbury, Councillor Gibson, Councillor MacKinnon, and Councillor Caron

  Carried (11 to 0)

6.

Adjournment

• Moved By Councillor Gordon
  Seconded By Councillor Salisbury

  That the meeting be adjourned (7:39 p.m.).

  Carried