Recorded votes on PFC2021-0176
Bylaw reading at the Combined Meeting of Council, March 22, 2021. Carried 14–0.
Resolution
That with respect to Report PFC2021-0176, the following be adopted: That Council: Give first reading to Proposed Bylaw 7B2021 (Attachment 2), authorizing The City to incur indebtedness by the issuance of debentures in the amount of $85 million for financing capital projects for the Calgary Municipal Land Corporation; Give first reading to Proposed Bylaw 19M2021 (Attachment 3), being a bylaw authorizing loans in the amount of $85 million to Calgary Municipal Land Corporation; Withhold second and third reading until the advertising requirements have been met; and Direct Administration to amend any existing agreements between The City and Calgary Municipal Land Corporation as applicable and in accordance with the Credit Documentation Loans and Loan Guarantees Policy and Procedures.
How each member voted
| Seat | Member | Vote |
|---|---|---|
| Mayor | Naheed Nenshi | Yes |
| Ward 1 | Ward Sutherland | Yes |
| Ward 2 | Joe Magliocca | Yes |
| Ward 3 | Jyoti Gondek | Yes |
| Ward 4 | Sean Chu | Yes |
| Ward 5 | George Chahal | Yes |
| Ward 6 | Jeff Davison | Yes |
| Ward 7 | Druh Farrell | Yes |
| Ward 8 | Evan Woolley | Yes |
| Ward 9 | Gian-Carlo Carra | Yes |
| Ward 11 | Jeromy Farkas | Yes |
| Ward 12 | Shane Keating | Yes |
| Ward 13 | Diane Colley-Urquhart | Yes |
| Ward 14 | Peter Demong | Yes |
Recorded votes on PFC2021-0176
| Meeting | Motion | Result |
|---|---|---|
Mar 16, 2021 Priorities and Finance Committee | Bylaw reading The Priorities and Finance Committee recommend that Council: Give first reading to Bylaw 7B2021 (Attachment 2), authorizing The City to incur indebtedness by the issuance of debentures in the amoun… | Carried 9–0 |
Mar 22, 2021 (this vote) Combined Meeting of Council | Bylaw reading Give first reading to Proposed Bylaw 7B2021 (Attachment 2), authorizing The City to incur indebtedness by the issuance of debentures in the amount of $85 million for financing capital projects for… | Carried 14–0 |