The Regional Municipality of York
Report No. 1 of the
Debenture Committee
Meeting Held on June 7, 2017
The Debenture Committee meeting was called to order at 9:59 a.m. on June 7, 2017.
The following were in attendance:
Chair:
Regional Chair W. Emmerson
Members:
B. Hughes, B. Macgregor
Staff:
L. Bigioni, C. Clark, S. Dumont, C. Goodeve, E. Hankins, E. Wilson
Debenture
[Click on the number of the following Bylaw to view it]
The Committee considered and enacted the following bylaw:
1. Bylaw No. 2017-36
To authorize the borrowing upon sinking fund debentures in the principal amount of $150,000,000.00 ($65,000,000.00 of which amount may be raised by the issue of refinancing sinking fund debentures on or before the maturity date) for capital works of The Regional Municipality of York.
Carried
Other Business
2. Scheduling of Debenture meeting to Discuss Fiscal Strategy
Debenture Committee recommends:
1. A Debenture Committee meeting be scheduled in January 2018 to discuss elements of the fiscal strategy related to the Region’s debt position, refinancing obligations and debt projections.
Carried
The Debenture Committee meeting adjourned at 10:14 a.m.
Respectfully submitted,
June 7, 2017 W. Emmerson
Newmarket, Ontario Chair
S. Dumont
1-877-464-9675 x71303
