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Toronto Atmospheric Fund · 2024-11-21 · 2024.TA8.3

The filed record

FCM Loan and Grant Agreement Resolution

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2024-11-21 · Toronto Atmospheric Fund · adopted

As filed

The Board of Directors of the Toronto Atmospheric Fund: 1. Approved the Resolutions of the Directors as pre sented in Attachment 1 to t he report (November 6, 2024) from the Chief Executive Officer, Toronto Atmospheric Fund.

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As the city filed it

The Toronto Atmospheric Fund secured a loan and grant from the Federation of Canadian Municipalities Green Municipal Fund which will be used to support the retrofit of building(s) described in Item TA8.19 - Direct Investment Request Update: 2020.A, on the November 21, 2024 Board Agenda. A combined loan and grant agreement was signed August 22, 2018, and subsequently amended July 2021 and April 2024. The proposed Resolution

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ratifies, approves, confirms and authorizes the execution and delivery of the Agreement and its current and any subsequent amendments by the designated signatory/ies.

Staff recommended

The Chief Executive Officer recommends that the Board of Directors of the Toronto Atmospheric Fund: 1. Approve the Resolutions of the Directors as presented in Attachment 1.

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