File #: 24-G-101    Version: Name:
Type: Staff Report Status: Carried
File created: 4/15/2024 In control: City Council
On agenda: 5/15/2024 Final action: 5/15/2024
Title: BARRIE HYDRO HOLDINGS INC. ANNUAL GENERAL MEETING MATTERS That, acting as sole shareholder in Barrie Hydro Holdings Inc. (BHHI), the following actions be authorized: a) The minutes of the BHHI Shareholder's Meeting held on April 5, 2023, attached as Appendix "A" to Staff Report CCS003-24, be approved; b) The non-consolidated financial statements of BHHI attached as Appendix "B" to Staff Report CCS003-24 for the financial year ended December 31, 2023, be received (subject to approval from the Board of Directors); and c) The City of Barrie's auditor be appointed as Accountants for BHHI, to compile the annual Non-consolidated financial statements through a Compilation (formerly Notice to Reader) engagement, with remuneration to be fixed by the Directors through the City's agreement with its auditor. (CCS003-24) (File: A01)
Attachments: 1. CCS003-24 Barrie Hydro Holdings Inc AGM, 2. Barrie Hydro Holdings Inc. - Annual AGM matters

Title

BARRIE HYDRO HOLDINGS INC. ANNUAL GENERAL MEETING MATTERS

 

That, acting as sole shareholder in Barrie Hydro Holdings Inc. (BHHI), the following actions be authorized:

 

a)                     The minutes of the BHHI Shareholder’s Meeting held on April 5, 2023, attached as Appendix “A” to Staff Report CCS003-24, be approved;

 

b)                     The non-consolidated financial statements of BHHI attached as Appendix “B” to Staff Report CCS003-24 for the financial year ended December 31, 2023, be received (subject to approval from the Board of Directors); and

 

c)                     The City of Barrie’s auditor be appointed as Accountants for BHHI, to compile the annual Non-consolidated financial statements through a Compilation (formerly Notice to Reader) engagement, with remuneration to be fixed by the Directors through the City’s agreement with its auditor. (CCS003-24) (File: A01)