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12-13-2022 - No 14The City of Niagara Falls, Ontario Resolution No. 14 -December 13, 2022 Moved by: Councillor Wayne Thomson Seconded by: Councillor Mike Strange WHEREAS By-law 2000-097 of the City of Niagara Falls states that the Council authorizes Niagara Falls Hydro Holding Corporation be incorporated under the Business Corporations Act; and WHEREAS the Corporation shall be managed by the Board which shall consist of nine (9) directors to be selected by the Shareholder; and WHEREAS "Shareholder" means the Corporation of the City of Niagara Falls; and WHEREAS the Shareholder shall, by special resolution, designate the number of Directors to hold office from time to time; and WHEREAS the Board shall consist of those persons elected as Councillors of the Shareholder, together with the Mayor of the Shareholder; and WHEREAS each of the directors will serve as a member of the Board as long as such person remains in office during the term of each City Council. Board members shall be reappointed during their term in office to continue as a director if necessary to comply with the Business Corporations Act of Ontario.; and THEREFORE BE IT RESOLVED that the nine (9) directors to be selected by the Shareholder for the current term of Council be as follows: Mayor Diodati, Councillor Tony Baldinelli, Councillor Wayne Campbell, Councillor Lori Lococo, Councillor Mona Patel, Councillor Victor Pietrangelo, Councillor Ruth -Ann Nieuwesteeg, Councillor Mike Strange and Councillor Wayne Thomson. AND The Seal of the Corporation be hereto affixed. 0� - - - . __ __ - - WILLIAM G. MATSON ACTING CITY CLERK JAMES M. DIODATI MAYOR