Minutes of City Council as Shareholder of Guelph Junction Railway Limited

Monday, June 28, 2021 at 5:00 P.m. - 5:30 P.m.

Remote meeting live streamed

on guelph.ca/live

Council:

• Chair C. Downer
• Mayor C. Guthrie
• Councillor P. Allt
• Councillor B. Bell
• Councillor C. Billings
• Councillor L. Caron
• Councillor D. Gibson
• Councillor R. Goller
• Councillor J. Gordon
• Councillor M. MacKinnon
• Councillor D. O'Rourke
• Councillor M. Salisbury

Absent:

• Councillor J. Hofland

Staff:

• S. Stewart, Director and Chief Executive Officer, Guelph Junction Railway Limited
• C. Clack-Bush, Deputy Chief Administrative Officer, Public Services
• J. Holmes, Deputy Chief Administrative Officer, Infrastructure, Development and Enterprise Services
• T. Lee, Chief Financial Officer, Guelph Junction Railway Limited
• J. Regan, General Manager, Economic Development and Tourism
• L. Petroczi, General Manager, Guelph Junction Railway Limited
• S. O'Brien, General Manager, City Clerk's Office/City Clerk
• L. Cline, Council and Committee Coordinator
• D. Tremblay, Council and Committee Coordinator

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1.

Call to Order

Chair Downer called the meeting to order (5:00 p.m.).

1.1

Disclosure of Pecuniary Interest and General Nature Thereof

There were no disclosures.

2.

Confirmation of Open Minutes

• Moved By Councillor Allt
  Seconded By Councillor MacKinnon

  That 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 Salisbury

  Carried (10 to 0)

3.

Consent Agenda

• Moved By Councillor O'Rourke
  Seconded By Councillor Allt

  That the June 28, 2021 City Council as Shareholder of Guelph Junction Railway Limited Consent Agenda as identified below, be adopted:

3.1

2020 GJR Audited Financial Statements and 2021 Appointment of External Auditor - 2021-175

• 1. That the Guelph Junction Railway Limited Audited Financial Statements for the year-ended December 31, 2020 be received for information.
  2. That KPMG LLP be appointed as the external auditor for Guelph Junction Railway Limited for the fiscal years ending 2021 through 2024.
  3. 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 Gibson

  Carried (10 to 0)

4.

Items for Discussion

4.1

Guelph Junction Railway 2020 Annual Report - 2021-167

Scott Stewart, Director and Chief Executive Officer, Guelph Junction Railway Limited, presented the Guelph Junction Railway 2020 Annual Report.

• Moved By Councillor O'Rourke
  Seconded By Councillor Goller

  That 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 Guthrie

  Carried (12 to 0)

5.

Adjournment

• Moved By Councillor Billings
  Seconded By Councillor Caron

  That 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 Caron

  Carried (12 to 0)