2014 ANNUAL MEETING OF THE SHAREHOLDER

MINUTES

PHCA-1/2014

June 26, 2014

The Members of the Peel Housing Corporation met on June 26, 2014, at 11:48 a.m. in the Council Chamber, Regional Administrative Headquarters, Suite A, 10 Peel Centre Drive, Brampton.

Members Present:
G. Carlson
B. Crombie
S. Fennell
C. Fonseca
N. Iannicca
E. Kolb
K. Mahoney
S. McFadden
H. McCallion
G. Miles
E. Moore
P. Mullin
P. Palleschi
R. Paterak
P. Saito
J. Sanderson
J. Sprovieri
R. Starr
A. Thompson
J. Tovey
R. Whitehead
 
Members Absent:
F. Dale
P. Foley
S. Hames
M. Morrison
(other municipal business)
(other municipal business)
(vacation)
(other municipal business)
 
Also Present:
D. Szwarc, Chief Administrative Officer; P. O'Connor, Corporate Counsel; J. Menard, Commissioner of Human Services; M.S. Mwarigha, General Manager; D. Bingham, Treasurer; K. Lockyer, Director of Clerk's and Regional Clerk, A. Macintyre, Corporate Secretary; C. Law, Deputy Secretary.

 

 

 

 

 

 

 

 

 

 

 


President P. Palleschi presided.


1. CALL TO ORDER

A quorum of the members of the Corporation being present in person, all of the Directors and the Corporation's Auditor having been given notice of the meeting, President Palleschi declared the meeting to be regularly constituted.


2. APPROVAL OF AGENDA

Moved by Councillor Iannicca,
Seconded by Councillor Fennell;

That the agenda for the June 26, 2014, Peel Housing Corporation Annual Meeting of the Shareholder be approved.

Carried 2014-1


3. REMARKS BY PRESIDENT P. PALLESCHI

Received 2014-2

President Palleschi praised the valuable work and enthusiasm of Peel Living staff and the many community agency partners perform every day. He noted this would be his final year as President of Peel Housing Corporation but looked forward to contributing in other ways in the years ahead.


4. ADOPTION OF MINUTES

4.1 Minutes of the Peel Housing Corporation (PHCA-1/2013) 2013 Annual Meeting of the Shareholder held on June 27, 2013

Moved by Councillor Carlson,
Seconded by Councillor Fonseca;

That the minutes of the Peel Housing Corporation 2013 Annual Meeting of the Shareholder held June 27, 2013, be adopted.

Carried 2014-3


5. DELEGATIONS - Nil


6. COMMUNICATIONS - Nil


7. 2013 ANNUAL REPORT
Remarks by M.S. Mwarigha, General Manager of Peel Living

Received 2014-4

M.S. Mwarigha, General Manager of Peel Living, provided thanks to the various community partnerships that help Peel Living support the success of its tenants. He provided several examples of the positive impact Peel Living and its partners have had on residents who struggled and were able to find success with the support provided every day by staff and the various services Peel Living provides.


8. 2013 FINANCIAL STATEMENTS
Remarks by David Bingham, Treasurer of Peel Living

Received 2014-5

David Bingham, Treasurer of Peel Living, provided the approved 2013 Financial Statements, fully audited by Deloitte LLP. He stated that the auditors found no unrecorded audit differences or control weaknesses. He noted that staff and the recently appointed financial task team continue to examine all expenditures and funding formulas to improve the long-term fiscal health of Peel Living.


9. 2014 APPOINTMENT AND REMUNERATION OF EXTERNAL AUDITORS

Moved by Councillor Mahoney,
Seconded by Councillor Miles;

That Deloitte LLP be appointed as the Corporation's Auditors to hold office until the close of the next annual meeting, with approximate remuneration fixed as presented in the report of the General Manager, Peel Living and Treasurer, Peel Living, dated May 22, 2014, titled "2014 Appointment and Remuneration of External Auditors";

And further, that the Treasurer be authorized to approve additional remuneration for the auditors during this period in the event of additional audit requirements.

Carried 2014-6


10. BY-LAWS - Nil


11. 2014 RATIFICATION AND CONFIRMATION OF ACTIONS OF THE CORPORATION

Moved by Councillor Saito,
Seconded by Councillor Tovey;

That all by-laws and resolutions of the Corporation heretofore passed and all acts of the Corporation undertaken in good faith from June 27, 2013 to the date of the 2014 Annual Meeting of Shareholder be ratified and confirmed.

Carried 2014-7


12. CLOSING REMARKS BY VICE-PRESIDENT P. MULLIN

Received 2014-8

Vice-President Mullin commended and thanked the President and the entire Board of Directors for the leadership they have shown in maintaining the viability of affordable housing services in the Region of Peel during difficult economic times and reduced transfers from both the provincial and federal levels of government.


13. ADJOURNMENT

Moved by Councillor Kolb,
Seconded by Councillor Sprovieri;

That the Peel Housing Corporation 2014 Annual Meeting of the Shareholder now adjourn.

Carried 2014-9

 

The meeting adjourned at 12:15 p.m.


 

 

P. Palleschi

A. Macintyre

President   Secretary