Taken from the roll call in the town’s own minutes. The minutes record who was not there and almost never why.
What was decided (5 motions)
5 carried, 0 recorded otherwise. Every motion below is printed as the minutes print it.
That Council move in-camera in accordance with Procedure By-law # 8081-24, Closed Meeting Policy G 040, and the Municipal Act, 2001, Section 239 (2)(f) advice that is subject to solicitor-client privilege, including communications necessary for that purpose, (i) 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 expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization, (j) a trade secret or scientific, technical, commercial or financial information that belongs to the municipality or local board and has monetary value or potential monetary value, and (k) a position, plan, procedure, criteria or instruction to be applied to any negotiations
Moved by Councillor Shahid, seconded by Councillor Lundquist
Carried
That council rise from the closed portion of the meeting.
Moved by Councillor Lundquist, seconded by Councillor Shahid
Carried
That this Report LS 11-25 be received for Information. That Council delegate authority on a continuing basis to the Chief Administrative Officer, as Shareholder Representative on behalf of The Corporation of the Town of Whitby, to undertake the negotiation and execution of documents and provide for the necessary approvals and actions as detailed in Confidential Report LS 11-25, its attachments, and in a form satisfactory to the Commissioners of Financial Services and Treasurer and Legal and Enforcement Services/Town Solicitor for the following: the Memorandum of Understanding between Elexicon and its shareholders; the changes to the Unanimous Shareholders’ Agreement of Elexicon Corporation; and, changes to By-law No. 1 of Elexicon Corporation. That Staff be directed to prepare a report on the Financial Impact of the Elexicon Financing Strategy to the Town of Whitby in September 2025. Voters For Against Conflict Councillor Leahy X Councillor Lee X Councillor Mulcahy X Mayor Roy X Councillor Shahid X Councillor Yamada X Councillor Cardwell X Councillor Lundquist X Results 6 2 0
Moved by Councillor Lundquist, seconded by Councillor Yamada
Carried
That the meeting adjourn.
Moved by Councillor Shahid, seconded by Councillor Lundquist
Carried
1. That this Report LS 11-25 be received for Information. 2. That Council delegate authority on a continuing basis to the Chief Administrative Officer, as Shareholder Representative on behalf of The Corporation of the Town of Whitby, to undertake the negotiation and execution of documents and provide for the necessary approvals and actions as detailed in Confidential Report LS 11-25, its attachments, and in a form satisfactory to the Commissioners of Financial Services and Treasurer and Legal and Enforcement Services/Town Solicitor for the following: a. the Memorandum of Understanding between Elexicon and its shareholders; b. the changes to the Unanimous Shareholders’ Agreement of Elexicon Corporation; and, c. changes to By-law No. 1 of Elexicon Corporation. 3. That Staff be directed to prepare a report on the Financial Impact of the Elexicon Financing Strategy to the Town of Whitby in September 2025. For Against Conflict Mayor Roy X Councillor Cardwell X Councillor Leahy X Councillor Lee X Councillor Lundquist X Councillor Mulcahy X Councillor Shahid X Councillor Yamada X Results 6 2 0
Moved by Councillor Lundquist, seconded by Councillor Yamada