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Toronto Atmospheric Fund · 2024-04-26 · 2024.TA6.8

The filed record

Canada Endowment Funding Agreement Update

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The decision

2024-04-26 · Toronto Atmospheric Fund · adopted

As filed

The Board of Directors of the Toronto Atmospheric Fund: 1. Approved the amendment of the tripartite Funding Agreement as summarized in the report (April 12, 2024) from the Chief Executive Officer, Toronto Atmospheric Fund. 2. Directed Toronto Atmospheric Fund staff to work with the City of Toronto and the Federation of Canadian Municipalities to incorporate these in an updated Funding Agreement. 3. Authorized the Chair of the Board of Directors to execute the amended Funding Agreement.

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4. Requested that the City of Toronto approve and execute the amended Funding Agreement with terms and in a form satisfactory to the City Manager, the Chief Financial Officer and Treasurer, and the City Solicitor.

On the agenda

As the city filed it

This report recommends approval of minor amendments to the tripartite Funding Agreement (FA) between Toronto Atmospheric Fund, the City of Toronto (CoT) and the Federation of Canadian Municipalities (FCM).

Staff recommended

The Chief Executive Officer recommends that the Board of Directors of the Toronto Atmospheric Fund: 1. Approve amendment of the tripartite Funding Agreement as summarized in this report. 2. Direct Toronto Atmospheric Fund staff to work with the City of Toronto and the Federation of Canadian Municipalities to incorporate these in an updated Funding Agreement; 3. Authorize the Chair of the Board of Directors to execute the amended Funding Agreement; and 4.

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Request that the City of Toronto approve and execute the amended Funding Agreement with terms and in a form satisfactory to the City Manager, the Chief Financial Officer and Treasurer, and the City Solicitor.

    On the record

    The item as the City filed it

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