The filed record
Source of Toronto Atmospheric Fund Financing an Energy Savings Performance Agreement (ESPA) Transaction
The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.
The decision
2021-02-05 · Board of Directors of the Toronto Atmospheric Fund · received
As filed
The Board of Directors of the Toronto Atmospheric Fund received the item for information.
On the agenda
As the city filed it
The Investment Committee received advice from staff that it would be appropriate to use funds from the Canada endowment to finance a retrofit which has already been initiated with funds from the Toronto and Ontario endowments. Although the Canada endowment was received subsequent to these allocations, and the direction is not to use new funds for completed direct investments, the financing for this project has not been fully advanced. The purpose of this report is to advise the Board regarding the use of funds in this specific case.
On the record
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