Recorded votes on EC2022-0137

That with respect to Report EC2022-0137, the following be adopted: That Council: Give first reading to Proposed Bylaw 5B2022, authorizing The City of Calgary to incur indebtedness by the issuance of one or more debentures in the total amount of $8.1 million for refinancing existing debt for Silvera For Seniors; Give first reading to Proposed Bylaw 7M2022, being a bylaw of The City of Calgary authorizing municipal loans of $8.1 million to Silvera For Seniors; Withhold second and third reading until the advertising requirements have been met; and Should the proposed borrowing be fully approved by Council, direct Administration to enter into and execute agreements between The City of Calgary and Silvera For Seniors as applicable and in accordance with the Credit Documentation Loans and Loan Guarantees Policy.