Meeting #5
MINUTES OF THE LONDON TRANSIT COMMISSION
HELD IN THE COMMISSION BOARDROOM AT 5:00PM
ON WEDNESDAY, MAY 30, 2018
Those present were
Mrs. Sheryl Rooth – Chair
Mr. Dean Sheppard – Vice Chair
Mr. Jesse Helmer – Commissioner
Mr. Eric Southern – Commissioner
Absent with regret was
Mr. Phil Squire – Commissioner
Also present were
Mrs. Kelly Paleczny – General Manager
Mrs. Katie Burns – Director of Planning
Mrs. Joanne Galloway – Director of Human Resources
Mr. Mike Gregor – Director of Finance
Mr. Craig Morneau – Director of Fleet & Facilities
Mr. Shawn Wilson – Director of Operations
Mrs. Caroline Roy – Secretary
| Meeting to order | The Chair called the meeting to order. |
| Completion and
Acceptance of Agenda |
The Chair called for acceptance of the agenda, Mr. Southern moves, seconded by Mr. Helmer the acceptance of the agenda. CARRIED. |
| Disclosures
of Pecuniary Interest |
The Chair called for disclosures of pecuniary interest with respect to the agenda. There were no conflicts of interest declared. |
| Minutes | Mr. Helmer moves, seconded by Mr. Southern, the minutes of the meeting held on April 25, 2018 be APPROVED. CARRIED. |
| 2017 Pension Fund Audit | With regard to the 2017 Pension Fund Audit report, copy attached, Mr. Southern moves, seconded by Mr. Helmer, the Commission:
i) APPROVE the financial statements, as set out in Enclosure I, relating to the non-insured pension fund as at December 31, 2017 noting the statements have not changed from those presented in the Draft version at the March 28, 2018 meeting; and ii) DIRECT the administration to forward the 2017 Pension Statements to the Financial Services Commission of Ontario as required under the Pension Benefits Act. YEAS: Mrs. Rooth, Mr. Sheppard, Mr. Southern and Mr. Helmer CARRIED. |
| 2018 Road Construction Update | With regard to the 2018 Road Construction Update report, copy attached, Mr. Southern moves, seconded by Mr. Sheppard, the report be NOTED & FILED.
YEAS: Mrs. Rooth, Mr. Sheppard, Mr. Southern and Mr. Helmer CARRIED. |
| 100in1day Canada – London Event | With regard to the 100in1day Canada – London Event report, copy attached, Mr. Southern moves, seconded by Mr. Sheppard, the report be NOTED & FILED.
YEAS: Mrs. Rooth, Mr. Sheppard, Mr. Southern and Mr. Helmer CARRIED. |
| Organizational Structure Update | With regard to the Organizational Structure Update report, copy attached, Mr. Southern moves, seconded by Mr. Sheppard, the report be NOTED and FILED.
YEAS: Mrs. Rooth, Mr. Sheppard, Mr. Southern and Mr. Helmer CARRIED. |
| Financial Update – Conventional Budget – April 30, 2018 | With regard to the Financial Update – Conventional Budget – April 30, 2018 report, copy attached, Mr. Southern moves, seconded by Mr. Sheppard, the report be NOTED and FILED.
YEAS: Mrs. Rooth, Mr. Sheppard, Mr. Southern and Mr. Helmer CARRIED. |
| Financial Update – Specialized Budget – April 30, 2018 | With regard to the Financial Update – Specialized Budget – April 30, 2018 report, copy attached, Mr. Southern moves, seconded by Mr. Sheppard, the report be NOTED and FILED.
YEAS: Mrs. Rooth, Mr. Sheppard, Mr. Southern and Mr. Helmer CARRIED. |
| Financial Update – Capital Budget Programs – April 30, 2018 | With regard to the Financial Update – Capital Budget Programs – April 30, 2018 report, copy attached, Mr. Southern moves, seconded by Mr. Sheppard, the report be NOTED and FILED.
YEAS: Mrs. Rooth, Mr. Sheppard, Mr. Southern and Mr. Helmer CARRIED. |
| Date of Next
Meeting |
The Commission confirmed the date of the next meeting as follows:
Wednesday, June 27, 2018 at 5:00pm |
| Adjournment | Mr. Southern moves, seconded by Mr. Helmer, the meeting be adjourned. CARRIED. The meeting adjourned at 5:40pm
__ Sheryl Rooth – Chair __________________________________________ Caroline Roy – Secretary |