Board of Directors Meeting - April 8, 2025

A meeting of the Board Of Directors of the Toronto Waterfront Revitalization Corporation on Tuesday, April 8, 2025 from 8:30 am - 12:30 pm.

Open Session Agenda

• Land Acknowledgement; J. Winberg (Acknowledgment)
• Motion to Approve Meeting Agenda;  J. Winberg (Approval)
• Declaration of Conflicts of Interest; All (Declaration)
• Chair’s Opening Remarks; J. Winberg (Information)
• Draft Minutes of the Open Session November 21, 2024 Meeting; All (Approval)
• Draft Minutes of the Open Session December 5, 2024 Meeting; All (Approval)
• Highlights of Key Messages; All (Information)
• CEO Report; G. Zegarac (Report)
• Finance, Audit and Risk Management (FARM) Committee Chair’s Report, February 27, 2025; K. Sullivan (Information)
• Investment and Real Estate Committee (IREC) Chair’s Report, March 6, 2025; A. Valenti (Information)
• Human Resources, Governance and Stakeholder Relations (HRGSR) Committee Chair’s Report, March 17, 2025; R. Bhardwaj (Information)
• Environmental, Social, and Governance (ESG) Update; L. Taylor (Information)
• Waterfront East Light Rail Transit (WELRT) City of Toronto Council Report; P. Mallozzi (Information)
• External Auditor Engagement; L. Taylor (Approval)
• Waterfront Toronto Priority Projects Update; J. Gombos (Information)
• Broadview Eastern Flood Protection (BEFP) Supplementary Capital Approval; J. Gombos/D. Forbes (Approval)
• Motion to go into Closed Session; All (Approval)

Closed Session Agenda

The Board will discuss items 11(a), (b) & (c), 12(a), (b) & (c), 13, 14, 15 and 16 being, consideration of the Draft Minutes of the Closed Session November 21, 2024 Meeting and Draft Minutes of the Closed Session December 5, 2024 Meeting, Quayside Infrastructure Land Acquisition, the FARM Committee Chair’s Closed Session Report, the IREC Committee Chair’s Closed Session Report, the HRGSR Committee Chair’s Closed Session Report, Cyber Security Update, Port Lands Flood Protection (PLFP) Q4/2024 Interim Construction Cost Forecast and Risk Update and Quantification, Waterfront Destination Development Strategy and Waterfront Toronto Long Term Strategic Planning Update, respectively, in Closed Session as permitted by By-Law No. 2 of the Corporation.  The exceptions relied for the discussion of items 11(a) & (b) in Closed Session is provided in the minutes of the November 21 2024 and December 5, 2024 Board meetings contained in item 5 of this agenda, for item 11(c) is Section 6.1.1(k), for items 12(a), (b) & (c) is Section 6.1.1(m), for item 13 is Section 6.1.1(a), and for items 14 through 16 is Section 6.1.1(k) of By-Law No. 2. The Board will continue in Open Session at the end of the Closed Session to discuss and vote on any resolution(s) pertaining to the Closed Session.    
 

• Motion to go into Open Session; All (Approval)

Open Session Agenda

• Resolution(s) Arising from the Closed Session; All (Approval)
• Chair’s Closing Remarks; J. Winberg (Information)
• Motion to Terminate the Meeting; All (Approval)