Special Council Meeting

That the Audited Financial Statements and Auditor's Report for Whitby Hydro Energy Corporation (Consolidated) and Whitby Hydro Electric Corporation for the period ending December 31, 2016 be received for information.

That KPMG be appointed as auditor for Whitby Hydro for the 2017 fiscal year end audit as recommended by the Board of Directors of Whitby Hydro Energy Corporation.

1. That Report LS 13-17 be received for information; 2. That the Executive Committee of Whitby Hydro Energy Corporation ("WHEC") be disbanded, without any further compensation to former members for their roles on the Executive Committee; 3. That Council approve the Shareholder Direction attached as Attachment 3 to this report; 4. That Council refer to the By-laws portion of the Special Council meeting agenda for enactment of amendments to the Town's Procedure By-law, as shown in Attachment 2 to this report; and 5. That the Town Solicitor and the Office of the Town Clerk work with the corporate lawyer for WHEC to update and organize WHEC's corporate documents and the Town's shareholder directions.

That leave be granted to introduce By-law # 7305-17 and to dispense with the reading of the by-law by the Clerk and that the same be considered read and passed and that the Mayor and the Clerk sign the same and the Seal of the Corporation be thereto affixed.

That leave be granted to introduce a by-law and to dispense with the reading of the by-law by the Clerk to confirm the proceedings of the Council of the Town of Whitby at its special meeting held on June 26, 2017 and the same be considered read and passed and the Mayor and Clerk sign the same and the Seal of the Corporation be thereto affixed.

That the meeting adjourn.