Item Information
Title:HYDRO OTTAWA HOLDING INC. – 2016 ANNUAL REPORT

Item #: Status:
Type:  #:À L'ÉCHELLE DE LA VILLE
Version: Sponsor:
Meeting Date:2017-Jun-28 2017-Jun-28 2 Ward:CITY WIDE
Meeting Type:City Council Video: View Video
Attachments:Hydro_AnnualReport_ENG.pdf    Hydro_AnnualReport_FRE.pdf    
Text
History
Vote Records
Passed    Motion To: REPORT RECOMMENDATIONS That Council: 1. Receive the Audited Consolidated Financial Statements of Hydro Ottawa Holding Inc. for the year ending December 31, 2016 as set out in the Annual Report at Document 1 (issued separately and held on file with the City Clerk); 2. Appoint KPMG LLP as the auditor for Hydro Ottawa Holding Inc. for the year ending December 31, 2017; 3. Approve the recommendations of the Nominating Committee of the Board of Directors of Hydro Ottawa Holding Inc., specifically, that Council a. appoint the persons identified at Document 2 (immediately follows the report) to serve as members of the Boards of Hydro Ottawa Holding Inc. and Hydro Ottawa Limited for the corresponding terms as specified; and b. request that the Hydro Ottawa Holding Inc. Board of Directors elect Jim Durrell, C.M. as Chair of the Boards of Hydro Ottawa Holding Inc. and Hydro Ottawa Limited; 4. Approve the recommendation of the Board of Directors of Hydro Ottawa Holding Inc. (HOHI), specifically, that the City of Ottawa, as shareholder, authorize HOHI to provide financing arrangements to non-subsidiaries for the purposes of providing energy related services, with the approval of the Board of HOHI, where the payback of upfront costs borne by HOHI is expected to be fully funded through one or more of the following sources as a result of the products or services supplied: a. Energy cost savings to the customer; b. Operational efficiencies; c. Maintenance cost savings; d. Reduced future capital expenditures; and e. Receipt of government-sponsored incentive payments; and 5. Authorize the Mayor and the City Clerk to sign a written resolution on behalf of the City of Ottawa as shareholder of Hydro Ottawa Holding Inc. setting out the resolutions approved by the City Council.
(Councillor / Conseiller) S. Moffatt  Yes
(Councillor / Conseiller) R. Chiarelli  Yes
(Councillor / Conseiller) E. El-Chantiry  Yes
(Councillor / Conseiller) D. Chernushenko  Yes
(Councillor / Conseiller) S. Blais  Yes
(Councillor / Conseiller) M. Fleury  Yes
(Councillor / Conseiller) M. Taylor  Yes
(Councillor / Conseiller) B. Monette  Yes
(Councillor / Conseillère) J. Harder  Yes
(Councillor / Conseiller) J. Cloutier  Yes
(Councillor / Conseiller) R. Brockington  Yes
(Councillor / Conseiller) G. Darouze  Yes
(Councillor / Conseillère) M. Wilkinson  Yes
(Councillor / Conseiller) S. Qadri  Yes
(Councillor / Conseiller) K. Egli  Yes
(Councillor / Conseillère) D. Deans  Yes
(Councillor / Conseiller) J. Mitic  Yes
(Councillor / Conseiller) T. Tierney  Yes
(Councillor / Conseiller) J. Leiper  Yes
(Councillor / Conseiller) A. Hubley  Yes
(Mayor / Maire) J. Watson  Yes
(Councillor / Conseillère) C. McKenney  Yes
(Councillor / Conseiller) T. Nussbaum  Yes
(Councillor / Conseiller) M. Qaqish  Yes