Building Investment, Finance and Audit Committee (BIFAC) Meeting - October 10, 2018

Public Agenda

10:20 - Chair's Remarks

Action: Information

Pre-read: Verbal Report

Presenter: Chair

10:25 - Consent Agenda

Approval of Public Meeting Agenda

Action: BIFAC Approval

Pre-read: Agenda

Presenter: Chair

Chair’s Poll re: Conflict of Interest

Action: Declaration

Pre-read: Agenda and Conflict of Interest Policy

Presenter: Chair

Confirmation of the Public Meeting Minutes of September 12, 2018

Action: BIFAC Approval

Pre-read: Minutes

Presenter: Chair

Business Arising from the Public Meeting Minutes and Action Items Update

Action: Information

Pre-read: Action Item List

Presenter: Chair

10:30 - Internal Audit Report: Employee Building Access Controls

Action: Information

Pre-read: BIFAC:2018-62

Presenter: Manager, Internal Audit

TERMINATION
 

Public Meeting Minutes

The Building Investment, Finance and Audit Committee (“BIFAC”) of Toronto Community Housing Corporation (“TCHC”) held a public meeting on October 10, 2018, in the Main Floor Conference Room, 931 Yonge Street, Toronto, and via teleconference, commencing at 11:02 a.m.

BIFAC Directors Present:

Colin Lynch, Chair

Wendy Kelley (by teleconference)

BIFAC Directors Absent:

Councillor Ana Bailão

Nick Macrae

Amanda Coombs (on leave of absence)

Ex-Officio Director Present:

Kevin Marshman

Management Present:

Ismail Ibrahim, General Counsel and Corporate Secretary

Rose-Ann Lee, Chief Financial Officer and Treasurer

Kathy Milsom, President and Chief Executive Officer

Yi-Mei Ting, Junior Legal Counsel

A quorum being present, the Chair called the meeting to order and Ms. Sonia Fung served as recording secretary.

Item 1 - Chair's Remarks

The Chair did not present any remarks.

Item 2A - Approval of Public Meeting Agenda

Motion carried

ON MOTION DULY MADE by Mr. Marshman seconded by Ms. Kelley and carried, BIFAC approved the public meeting agenda.

Item 2B - Declaration of Conflict of Interest

The Chair requested members of BIFAC to indicate any agenda item in which they had a conflict of interest, together with the nature of the conflict. None was declared.

Item 2C - Confirmation of the Public Meeting Minutes of September 12, 2018

Motion carried

ON MOTION DULY MADE by Mr. Marshman seconded by Ms. Kelley and carried, BIFAC approved the above-captioned minutes.

Item 2D - Business Arising from the Public Meeting Minutes and Action Items List

Motion carried

ON MOTION DULY MADE by Mr. Marshman seconded by Ms. Kelley and carried, BIFAC received the report for information.

Item 3 - Internal Audit Report: Employee Building Access Controls, BIFAC:2018-62

Motion carried

ON MOTION DULY MADE by Mr. Marshman, seconded by Ms. Kelley and carried, BIFAC received the report for information. 

TERMINATION

BIFAC resolved to terminate the public meeting at 11:04 a.m.