Recorded votes on PFC2021-0608
Main motion at the Priorities and Finance Committee, May 18, 2021. Carried 7–0.
Resolution
That with respect to Report PFC2021-0608, the following be approved: That the Priorities and Finance Committee recommends that Council: Approve the revised Opportunity Calgary Investment Fund Terms of Reference included as Attachment 3; Approve the Opportunity Calgary Investment Fund Investment Policy Statement included as Attachment 4; Approve that Opportunity Calgary Investment Fund Ltd. can direct up to $10 million in Opportunity Calgary Investment Fund monies to investment vehicles established and operated by third parties subject to terms and conditions in the Terms of Reference, Investment Policy Statement, and Operating and Funding Agreement; and Direct Administration to update the Operating and Funding Agreement with Opportunity Calgary Investment Ltd. as required.
How each member voted
| Seat | Member | Vote |
|---|---|---|
| Mayor | Naheed Nenshi | Yes |
| Ward 1 | Ward Sutherland | Yes |
| Ward 3 | Jyoti Gondek | Yes |
| Ward 4 | Sean Chu | Yes |
| Ward 6 | Jeff Davison | Yes |
| Ward 8 | Evan Woolley | Yes |
| Ward 9 | Gian-Carlo Carra | Yes |
Recorded votes on PFC2021-0608
| Meeting | Motion | Result |
|---|---|---|
May 18, 2021 (this vote) Priorities and Finance Committee | Main motion Approve the revised Opportunity Calgary Investment Fund Terms of Reference included as Attachment 3; Approve the Opportunity Calgary Investment Fund Investment Policy Statement included as Attachme… | Carried 7–0 |
May 31, 2021 Combined Meeting of Council | Main motion Approve the revised Opportunity Calgary Investment Fund Terms of Reference included as Attachment 3; Approve the Opportunity Calgary Investment Fund Investment Policy Statement included as Attachme… | Carried 13–1 |