August 27, 2014, at 4:05 PM

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1.   Disclosures of

Pecuniary Interest

That it BE NOTED that no pecuniary interests were disclosed.

2.   London Hydro

Promissory Note - Agreements

Recommendation:  That, on the recommendation of the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer, the following actions be taken regarding the Agreements related to the London Hydro Promissory Note:   a)         the proposed by-law (Appendix A), as appended to the staff report dated August 27, 2014, BE INTRODUCED at Municipal Council on September 2, 2014, to authorize the Tri-Party Payment Agreement between The Corporation of the City of London, London Hydro Inc. and the Public Utility Commission of the City of London;   b)         the proposed by-law (Appendix B), as appended to the staff report dated August 27, 2014, BE INTRODUCED at Municipal Council on September 2, 2014, to authorize the Fund Agreement between The Corporation of the City of London and the Public Utility Commission of the City of London; and   c)         the Mayor and the City Clerk BE AUTHORIZED to execute the Agreements (Appendix A, Schedule 1 and Appendix B, Schedule 2 to the staff report dated August 27, 2014).

Motion Passed

Motion Passed


3.   Composition -

London Public Library Board

Recommendation:  That, on the recommendation of the City Clerk, at the request of the London Public Library Board, the proposed by-law, as appended to the staff report dated August 27, 2014, BE INTRODUCED at the Municipal Council meeting being held on September 2, 2014 for the purpose of amending the composition of the London Public Library Board so that the two positions currently held by representatives of the Thames Valley District School Board and the London District Catholic School Board would be held, instead, by two citizens-at-large, effective with the new Council term.

Motion Passed

Motion Passed


4.   2011 - 2014 Report

to the Community - Verbal (City Manager)

Recommendation:  That the verbal overview provided by the City Manager, with respect to the 2011 – 2014 Report to the Community, BE RECEIVED for information.

Motion Passed

Motion Passed


5.   Not to be heard

before 4:00 PM - Public Participation Meeting - Proposed Establishment of a Housing Development Corporation

Recommendation:  That the following actions be taken with respect to the establishment of a Housing Development Corporation for the City of London:   a)         the attached proposed by-law (Schedule “A”) BE INTRODUCED at the Municipal Council meeting to be held on September 2, 2014 to:   i)          authorize that a corporation with share capital be incorporated pursuant to the Municipal Act, 2001 and the Business Corporations Act R.S.O. 1990, c.B.16 under the name “Housing Development Corporation, London”  for the purpose of stimulating the development and sustainability of affordable housing throughout the London and Middlesex communities;   ii)         nominate and authorize the following individuals to act as incorporators and directors of the Corporation authorized in i), above:               Sandra Datars Bere             Martin Hayward             Art Zuidema   iii)         authorize the individuals nominated and authorized in ii), above to execute any documents or take any actions necessary to incorporate and set up the Corporation;   b)         Housing Development Corporation, London BE DIRECTED to report back to the Strategic Priorities and Policy Committee by May 2015 on the following matters:   i)          a shareholder declaration; ii)         an asset transfer policy pursuant to section 12 O. Reg. 599/06, made under the Municipal Act, 2001; iii)         policies under section 270 of the Municipal Act, 2001 for: A)         the sale and disposition of land; B)         the hiring of employees; C)        the procurement of goods and services; and iv)        a code of conduct for directors; and v)         the recruitment process for new directors for the Corporation; and   c)         the City Manager BE AUTHORIZED to execute such agreements and documents in a form satisfactory to the City Manager, between The Corporation of the City of London and Housing Development Corporation, London that are necessary for the sharing of services including, without limitation, the following:       i)          office space for the head office of the Corporation; ii)         office equipment including computer hardware and software, telephones, printers, copiers, cell phones, furniture and technical support related to the same; iii)         office furniture and supplies; iv)        financial administrative services, including payroll and procurement services; and v)         other general administrative services as may be required;   it being pointed out that there were no oral submissions made at the public participation meeting associated with this matter.

Motion Passed

Motion Passed


Motion to Open Public Participation Meeting

Motion Passed

Motion Passed


Motion to Close the Public Participation Meeting

Motion Passed

Motion Passed


The meeting adjourned at 4:44 PM.