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February 6, 1998
COMMUNITY AND NEIGHBOURHOOD SERVICES COMMITTEE:
The Board of Directors of The Metropolitan Toronto Housing Company Limited on February 6, 1998, had before it a report (January 20, 1998) from the Interim Lead Solicitor, Legal Services, advising that although amending By-law No. A-15 was enacted by the Board of Directors at its meeting of December 5, 1997 for the purposes of making the terminology of the Company's by-laws consistent with the creation of the new City of Toronto, several "Metropolitan" references still remain; submitting a copy of the draft amending By-law No. A-18; and recommending that:
(1) the draft amending by-law attached to this report be enacted as a by-law of the Housing Company;
(2) the amending by-law enacted pursuant to Recommendation No. (1) be forwarded to the Clerk of the City of Toronto for confirmation by the Council thereof; and
(3) the appropriate members of Housing Company staff be authorized to take the necessary action to give effect to Recommendation No. (2).
The Board of Directors adopted, without amendment, the aforementioned report.
Corporate Secretary
R. MacKenzie/in
Attachment
Sent to: Community and Neighbourhood Services Committee
General Manager, The Metropolitan Toronto Housing Company Limited
Interim Lead Solicitor, Legal Services, Attention: D. Brown, Senior Solicitor
(Report dated January 20, 1998, addressed to the
Board of Directors of
The Metropolitan Toronto Housing Company Limited
from the City Solicitor.)
Purpose:
To replace certain AMetropolitan@ references in By-laws Nos. A-4 and A-9 with ACity@ references.
Recommendations:
It is recommended that:
(1) the draft amending by-law attached to this report be enacted as a by-law of the Housing Company;
(2) the amending by-law enacted pursuant to Recommendation No. (1) be forwarded to the Clerk of the City of Toronto for confirmation by the Council thereof; and
(3) the appropriate members of Housing Company staff be authorized to take the necessary action to give effect to Recommendation No. (2).
Background:
Although amending By-law No. A-15 was enacted by the Board of Directors at its meeting of December 5, 1997 for the purposes of making the terminology of the Company =s by-laws consistent with the creation of the new City of Toronto as of January 1, 1998, several AMetropolitan@ references still remain.
Discussion:
The draft amending by-law will replace the two references to the Metropolitan Corporation in subsection 2(4) of By-law No. A-4 (dealing with the extent of services, including municipal staff, to be provided to the Company by its shareholder) with references to the City, and replace the reference to the Metropolitan Clerk in subsection 4(4) of By-law No. A-9 (dealing with payment for copies of Land Register data) with a reference to the City =s Clerk.
Although every by-law passed by the Board of Directors becomes effective in accordance with its terms as soon as it is passed, its effectiveness will cease unless the by-law is confirmed at the next shareholder =s meeting, which in the case of the Housing Company is a meeting of its shareholder=s Council at which shareholder functions with respect to Housing Company are carried out. Recommendation No. (2) therefore calls for transmittal of the enacted by-law to the Clerk of the City for confirmation by the new Council in due course.
Contact Name:
Derek Brown, 392-8055
DRAFT
THE METROPOLITAN TORONTO HOUSING COMPANY LIMITED
By-law No. A-18
BE IT ENACTED as a By-law of the Company as follows:
1. Subsection 2(4) of By-law No. A-4 is amended by
(a) striking out the words "The Municipality of Metropolitan Toronto" in the second line and substituting therefor "City of Toronto"; and
(b) striking out the words "Metropolitan Corporation" in the second and third lines and substituting therefor "said City".
2. Subsection 4(4) of By-law No. A-9 is amended by striking out the words "Metropolitan Clerk" in the last line and substituting therefor "clerk thereof".
ENACTED this th day of , 1998.
WITNESS the Corporate Seal of the Company.
PRESIDENT SECRETARY
O:\WRITE\DBROWN\057\4100080.93\BYLAW.A18
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