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

Monday, June 28, 2021 at 4:00 P.m. - 5:00 P.m.

Remote meeting live streamed

on guelph.ca/live

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

To contain the spread of COVID-19, City Council meetings are being held electronically and can be live streamed at guelph.ca/live.

To listen to the meeting over the phone, call 1-416-216-5643 and enter meeting code 173 182 0118.

---

1.

Notice - Electronic Participation

This meeting will be held by Electronic Participation in accordance with City of Guelph Procedural By-Law (2021)-20590. 

1.1

City Council

2.

Call to Order

2.1

Disclosure of Pecuniary Interest and General Nature Thereof

3.

Authority to move into closed meeting

• Recommendation:

  That the Council of the City of Guelph now hold a meeting that is closed to the public, pursuant to the Municipal Act, to consider:

3.1

Disclosure of Pecuniary Interest and General Nature Thereof (closed items)

3.2

Confirmation of Minutes for the closed meeting of City Council as Shareholder of Guelph Municipal Holdings Inc held May 31, 2021

3.3

Guelph Municipal Holdings Inc. District Energy Update, 2021-186

Section 239 (2)(f) and (i) of the Municipal act related to advice that is subject to solicitor-client privilege, including communications necessary for that purpose; and a trade secret or scientific, technical, commercial, financial or labour relations information, supplied in confidence to the municipality or local board, which, if disclosed, could reasonably be to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

4.

Open Meeting

4.1

Closed Meeting Summary

5.

Confirmation of Open Minutes

• Recommendation:

  That the minutes of the open City Council as Shareholder of Guelph Municipal Holdings Inc. Meetings held June 22, 2020, April 6 and May 31, 2021 be confirmed as recorded and without being read.

6.

Presentation

6.1

Guelph Municipal Holdings Inc (GMHI) 2020 Annual Report to Shareholders

Scott Stewart, Director and Chief Executive Officer, Guelph Municipal Holdings Inc.

7.

Consent Agenda

7.1

2020 GMHI Audited Financial Statements and Appointment of External Auditor - 2021-174

• Recommendation:
  1. That the Guelph Municipal Holdings Inc. 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 Municipal Holdings Inc. 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.

8.

Adjournment