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AGENDA - Special Council - 20210525Town of Aurora Special Meeting of Council Agenda Date:May 25, 2021 Time:6 p.m. Location:Video Conference Pages 1.Procedural Notes This meeting will be held electronically as per Section 19. i) of the Town's Procedure By-law No. 6228-19, as amended, due to the COVID-19 situation. This meeting will serve as the Annual General Meeting of the Aurora Economic Development Corporation. 2.Approval of the Agenda 3.Declarations of Pecuniary Interest and General Nature Thereof 4.Delegations Note: At this time, the Municipal Offices are closed. This meeting will be live streamed at https://www.youtube.com/user/Townofaurora2012/videos. Anyone wishing to provide comment on an agenda item is encouraged to visit www.aurora.ca/participation for guidelines on electronic delegation. 5.Consideration of Items Requiring Discussion 5.1.PDS21-060 - Aurora Economic Development Corporation Annual Report 2020 1 (Presentation to be provided by Tim Hammill, Chair, Board of Directors, Aurora Economic Development Corporation) That Report No. PDS21-060 be received; and1. That the Aurora Economic Development Corporation’s Director’s Report attached hereto as Attachment 1 be received; and 2. That the requirements regarding the appointment and duties of the auditor be exempted for the financial year; and 3. That Council reappoint the following two (2) individuals to the Aurora Economic Development Corporation (AEDC) Board of 4. Directors for a term of three years: Tim Hammilli. Steve Hinderii. 6.Confirming By-law 6.1.By-law No. XXXX-21 Being a By-law to confirm actions by Council resulting from a Special Meeting of Council on May 25, 2021 8 7.Adjournment 100 John West Way Aurora, Ontario L4G 6J1 (905) 727-3123 aurora.ca Town of Aurora Special Council Report No. PDS 2 1 -0 60 Subject: Aurora Economic Development Corporation Annual Report 2020 Prepared by: Nick Kazakoff, Economic Development Officer Department: Planning and Development Services Date: May 25, 2021 _ Recommendation 1. That Report No. PDS21-060 be received; 2. That the Aurora Economic Development Corporation’s Director’s Report attached hereto as Attachment 1 be received; 3. That the requirements regarding the appointment and duties of the auditor be exempted for the financial year; and, 4. That Council reappoint the following two (2) individuals to the Aurora Economic Development Corporation (AEDC) Board of Directors for a term of three years: (i) Tim Hammill (ii) Steve Hinder Executive Summary This report seeks Council’s approval of the Aurora Economic Development Corporation’s 2020 Annual Report including receiving the Director’s Report and reappointing two Directors to serve an additional three term on the Board.  The Director’s report outlines all the achievements of the Aurora Economic Development Board for 2020.  The AEDC does not control any finances, it does not have any financial statements and is exempted from providing an auditor’s report. Page 1 of 8 May 25, 2021 2 of 5 Report No. PDS21-060  The AEDC Board Directors recommend reappointing Tim Hammill and Steve Hinder to serve another three year term on the Board. Background Council is the only shareholder of the corporation and Voting Member for the purposes of the annual meeting. According to both legislation and the operating by-law of the AEDC Corporation, being By-Law No. 1, the following must be presented at the Annual General Meeting:  The report from the Directors  The Financial Statements  The Report of the Auditors  Election of the Board of Directors  Appointment of Auditors for the Next Year, if applicable Analysis The Director’s report outlines all the achievements of the Aurora Economic Development Board for 2020 The Chair of the AEDC, Tim Hammill submitted a Director’s report which has outlined the activities of the board over the past year (see Attachment 1). The report highlights the appointment of two new Directors and two non-voting members to the Board in October 2020, the ongoing work of the AEDC’s Target Sector Analysis, Downtown Economic Mix and C-Suite resident sub-committees. The report also highlights the Board’s role as the successor to the ABC Task Force and the implementation of its initiatives moving forward. The AEDC does not control any finances, it does not have any financial statements and is exempted from providing an auditor’s report. As per the legislation and their By-Law No. 1, the Board is required to present the financial statements of the Corporation, a report of the auditors and appoint next year’s auditor at each annual meeting. However, the Town’s Finance Department and the Town’s Auditor have reconfirmed that an audit and financial statements will not be required based upon the AEDC’s present financial situation as the AEDC does not control any financials. As long as the AEDC continues to not control any financials, it will not require an annual audit, nor the generation of financial statements each year. Page 2 of 8 May 25, 2021 3 of 5 Report No. PDS21-060 However, it is required due to its corporation status to submit a tax return to the Canada Revenue Agency each year. The AEDC proposes reappointing Tim Hammill and Steve Hinder to serve another 3 year term on the Board On April 27, 2021 at the monthly Aurora Economic Development Corporation Board of Directors meeting, the Board passed a motion to recommend Mr. Tim Hammill and Mr. Steve Hinder to serve another 3 year term to be confirmed by Council. Both Mr. Hammill and Mr. Hinder were appointed to the Board in 2019 for an initial two year term as Board Member terms were staggered to ensure continuity. This is the first time for the AEDC Board that Directors’ terms are expiring. The AEDC Terms of Reference permits a Board Member to be appointed for a three year term, with the option of a further three year term. Advisory Committee Review None Legal Considerations In general, annual meetings are to occur within 15 months after the previous annual meeting and no later than 6 months from the date of the last financial year. The financial year of the AEDC ends in mid-December. Further, since the AEDC does not control any accounts, the legislation permits Council to exempt the corporation from the requirements of appointing auditors for the upcoming year. Financial Implications There are no financial considerations at this time. Communications Considerations Notice of the AGM is required 10 days before the meeting date and will be issued by email and posted on the Town’s website. Page 3 of 8 May 25, 2021 4 of 5 Report No. PDS21-060 Link to Strategic Plan Maintaining Ad Hoc and Advisory Committees/Boards supports the Strategic Plan goal of supporting an exceptional quality of life for all through the accomplishment in satisfying requirements in the following key objectives within this goal statement: Strengthening the fabric of our community: through the identification of new formats, methods and technologies to effectively and regularly engage the community. Alternative(s) to the Recommendation 1. That Council provide direction Conclusions The Aurora Economic Development Corporation (AEDC) has prepared its annual report as required by both the legislation and By-Law No. 1 of the AEDC for its Annual General Meeting. Since Council is the only shareholder in the Corporation, that annual general meeting may coincide with a Council meeting. Staff is recommending that Council approve the AEDC’s Annual Report for 2020 and reappoint Mr. Hammill and Mr. Hinder to serve another three year term on the Board. Attachments Attachment 1 – AEDC Director’s Report Previous Reports Special Meeting of Council No. PDS20-063, dated October 6, 2020 Pre-submission Review Agenda Management Team review on May 13, 2021 Approvals Approved by David Waters, MCIP, RPP, PLE, Director, Planning and Development Services Page 4 of 8 May 25, 2021 5 of 5 Report No. PDS21-060 Approved by Doug Nadorozny, Chief Administrative Officer Page 5 of 8 Attachment 1 Aurora Economic Development Corporation’s 2020 Director’s Report As Chairman of the Aurora Economic Development Corporation, I would like to submit this report to the shareholders of our activities during 2020, our second year in existence. Notwithstanding the unprecedented challenges of the pandemic, we were able to accomplish several key initiatives of our strategic plan. In June of that year, Council endorsed the change in representation of Council on our Board from three members to two and increased the citizen participation by one director. Councilor Thompson resigned his role as Director and we would like to express our appreciation to him for providing his experienced counsel to the Board in its early days. In October, after a public solicitation, two new directors were appointed, Michael Hardman and Thai Pham and two non voting members were added to our subcommittees Colette Nemni and Jorge Gonzalez. The new directors and subcommittee members joined the board running and provided valuable insight immediately. The Board continues to attract community members with exceptional commercial and business experience, and will be implementing a formal process for future nominations to the Board. In March, the pandemic forced the board to pause its meetings through May of that year. Subcommittee discussions carried on informally. The Board became the successor in July for oversight of some of the ABC Taskforce initiatives going forward, including the Explore Aurora marketing and sales campaign supporting local businesses, by the Town and Chamber of Commerce. Subcommittee activities began to accelerate during the summer months, particularly with the Target Sector Analysis and the Downtown Economic Mix subcommittees. The Target Sector Analysis Committee with the support of Nick Kazakoff, Economic Development Officer of the Town, produced a well-researched study of available employment lands and the most desirable and logical target industry segments for the town to concentrate its marketing efforts on. They have since developed, early this year, a roll out plan to capture the attention of these segments. We will be keeping Council up to date on these plans as they are Page 6 of 8 Attachment 1 instituted. It is noteworthy that this study was completed entirely by staff and committee members, without the need for any additional Town funds. The Downtown Economic Mix Committee has initiated a series of proposals including a Yonge Street parking space painting proposal, an art pilot project for vacant downtown stores and a downtown visioning initiative with building owners and the Mayor. This later outreach will be followed up with discussions to ensure the owners are aware of the revitalization efforts underway and to ensure they receive the benefit of input from the Town in any plans they may envision. As well, the committee has been an integral part in developing the present outreach underway to businesses in the Town and will help to interpret the results when available. The C Suite residence committee has been concentrating on resident executives who work outside the community. Their intent is to encourage these decision makers to consider the Town for any new initiatives they may have. Unfortunately, the pandemic has curtailed the committee’s ability to develop the necessary one on one relationships required. In response, they have recently developed a marketing program to target this group, which is under development. Councilor Humphreys left the Board at the end of the year, to be replaced by Councilor Kim. Councilor Humphries always brought her enthusiasm to the board particularly with hands on initiatives such as the Art Work Pilot project and will be missed. Fortunately, Councilor Kim’s senior financial services experience will be a compliment to the board. Early this year, the Town appointed Lisa Hausz as Manager, Economic Development and Policy, and her joining the department, has accelerated efforts to place Aurora in a very competitive position to attract and retain business development. It goes without saying that this has been a trying year for our community, but I could not be prouder of the members of this board. They continue to invest many hours a month in the board’s efforts which are setting the stage for significant success in our objectives. Page 7 of 8 The Corporation of The Town of Aurora By-law Number XXXX-21 Being a By-law to confirm actions by Council resulting from a Special Meeting of Council on May , 2021. The Council of the Corporation of The Town of Aurora hereby enacts as follows: That the actions by Council at its Special Meeting of Council held on May  2021, in respect of each motion, resolution and other action passed and taken by the Council at the said meeting is hereby adopted, ratified and confirmed. That the Mayor and the proper officers of the Town are hereby authorized and directed to do all things necessary to give effect to the said action or to obtain approvals where required and to execute all documents as may be necessary in that behalf and the Clerk is hereby authorized and directed to affix the corporate seal to all such documents. Enacted by Town of Aurora Council this th day of May, 2021. Tom Mrakas, Mayor Michael de Rond, Town Clerk Page 8 of 8