The filed record
Rescission of Decision Respecting Item TA 5.9 - Direct Investment
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
2021-11-05 · Board of Directors of the Toronto Atmospheric Fund · adopted
As filed
The Board of Directors of the Toronto Atmospheric Fund: 1. Rescinded the February 14, 2020 decision on Item TA5.9 - Direct Investment Request respecting a Direct Investment of up to $1,500,000.
On the agenda
As the city filed it
Rescission of a previously approved Direct Investment as the company was able to raise equity which further de-risked the opportunity and a major bank supplanted TAF's position.
Staff recommended
The Vice President, Impact Investing recommends that the Toronto Atmospheric Fund Board of Directors: 1. Rescind the February 14, 2020 decision on Item TA 5.9 - Direct Investment Request respecting a Direct Investment of up to $1,500,000.
On the record
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