City Council as Shareholder of GJR

That the minutes of the open City Council as Shareholder of GJR meeting held June 24, 2025, be confirmed as recorded and without being read. Voting

That City Council in its capacity as the Shareholder of the Guelph Junction Railway Limited receive the Guelph Junction Railway Limited 2025 Annual Report and Audited Financial Statements for information. Voting

That the Board of Directors of Guelph Junction Railway (GJR) be directed to assess and report to the Shareholder on the risks, benefits, business impact, governance considerations, and resource requirements of a change in the board composition of GJR to include representatives of the community as Independent Directors (as defined in the Amended and Restated Shareholder Declaration of GJR). That the Board of Directors of GJR be directed to develop a process and methodology for the recommendation and appointment of Independent Directors to the GJR Board, maintaining the requirement that the Board of GJR be a skills-based board with the ability to exercise the duty of care required of directors, and in alignment with the objectives and overarching principles for GJR established by the City as Shareholder in the Amended and Restated Shareholder Declaration of GJR. That the foregoing reports be prepared and presented to the Shareholder at the next Annual General Meeting of the Shareholder of GJR. Voting

That Guelph Junction Railway expansion projects within city limits, (including but not limited to new sidings, change of use, or storage) be subject to the City of Guelph corporate policy and procedure: Community Engagement Policy, Revision Date June 27, 2023 in a manner that reflects ongoing accountability toward the policy demonstrated by the City’s Parks department. Voting

That Guelph Junction Railway staff and City of Guelph Parks staff explore shared funding opportunities for future trail railway crossings in the City of Guelph as part of future budget processes. Voting

That Guelph Junction Railway staff explore shared funding opportunities for future trail railway crossings in the City of Guelph as part of future budget processes. Voting

That City Council, in its capacity as the Shareholder of the Guelph Junction Railway Limited, directs the Board of Directors to report back to the Shareholder, in advance of the next annual Shareholder’s meeting, evaluating the following with options for Council's consideration regarding: Amending the GJR Shareholder Declaration to broaden its mandate to explicitly support the City’s adopted Master Plans, including the Trails Master Plan, Active Transportation Network, and climate change mitigation objectives. Synchronizing GJR capital works and asset management schedules with City infrastructure and parks budgets to facilitate joint construction projects. Review a framework for formal liability-sharing agreements and corridor easements between GJR and the City to safely integrate active transportation corridors within the railway right-of-way. Developing a financial framework that would dedicate a portion of the annual GJR dividend to fund the safety infrastructure (such as fencing and grading) required for trail integration. This amendment was

That City Council, in its capacity as the Shareholder of the Guelph Junction Railway Limited, directs the Board of Directors to report back to the Shareholder, in advance of the next annual Shareholder’s meeting, evaluating the following with options for Council's consideration regarding: Amending the GJR Shareholder Declaration to broaden its mandate to explicitly support the City’s adopted Master Plans, including the Trails Master Plan, Active Transportation Network, and climate change mitigation objectives. Synchronizing GJR capital works and asset management schedules with City infrastructure and parks budgets to facilitate joint construction projects. Establishing a framework for formal liability-sharing agreements and corridor easements between GJR and the City to safely integrate active transportation corridors within the railway right-of-way. Developing a financial framework that would dedicate a portion of the annual GJR dividend to fund the safety infrastructure (such as fencing and grading) required for trail integration. Voting

That City Council, in its capacity as the Shareholder of the Guelph Junction Railway Limited, directs the Board of Directors to report back to the Shareholder, in advance of the at the next annual Shareholder’s meeting, evaluating the following with options for Council's consideration regarding: Amending the GJR Shareholder Declaration to broaden its mandate to explicitly support the City’s adopted Master Plans, including the Trails Master Plan, Active Transportation Network, and climate change mitigation objectives. Synchronizing GJR capital works and asset management schedules with City infrastructure and parks budgets to facilitate joint construction projects. Establishing a framework for formal liability-sharing agreements and corridor easements between GJR and the City to safely integrate active transportation corridors within the railway right-of-way. Voting

That City Council, in its capacity as the Shareholder of the Guelph Junction Railway Limited, directs the Board of Directors to report back to the Shareholder, at the next annual Shareholder’s meeting, evaluating the following with options for Council's consideration regarding: Amending the GJR Shareholder Declaration to broaden its mandate to explicitly support the City’s adopted Master Plans, including the Trails Master Plan, Active Transportation Network, and climate change mitigation objectives. Synchronizing GJR capital works and asset management schedules with City infrastructure and parks budgets to facilitate joint construction projects. Establishing a framework for formal liability-sharing agreements and corridor easements between GJR and the City to safely integrate active transportation corridors within the railway right-of-way. Voting

That the meeting be adjourned (7:20 p.m.) .

1. That the minutes of the open City Council as Shareholder of GJR meeting held June 24, 2025, be confirmed as recorded and without being read. Voting in Favour: (11): Councillor Allt, Councillor Billings, Councillor Busuttil, Councillor Caron, Councillor Caton, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Hauser, Councillor Klassen, and Councillor Richardson

1. That the Board of Directors of Guelph Junction Railway (GJR) be directed to assess and report to the Shareholder on the risks, benefits, business impact, governance considerations, and resource requirements of a change in the board composition of GJR to include representatives of the community as Independent Directors (as defined in the Amended and Restated Shareholder Declaration of GJR). 2. That the Board of Directors of GJR be directed to develop a process and methodology for the recommendation and appointment of Independent Directors to the GJR Board, maintaining the requirement that the Board of GJR be a skills- based board with the ability to exercise the duty of care required of directors, and in alignment with the objectives and overarching principles for GJR established by the City as Shareholder in the Amended and Restated Shareholder Declaration of GJR. 3. That the foregoing reports be prepared and presented to the Shareholder at the next Annual General Meeting of the Shareholder of GJR. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Busuttil, Councillor Caron, Councillor Caton, Councillor Chew, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Hauser, Councillor Klassen, and Councillor Richardson

1. That Guelph Junction Railway expansion projects within city limits, (including but not limited to new sidings, change of use, or storage) be subject to the City of Guelph corporate policy and procedure: Community Engagement Policy, Revision Date June 27, 2023 in a manner that reflects ongoing accountability toward the policy demonstrated by the City’s Parks department. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Busuttil, Councillor Caron, Councillor Caton, Councillor Chew, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Hauser, Councillor Klassen, and Councillor Richardson

1. That Guelph Junction Railway staff and City of Guelph Parks staff explore shared funding opportunities for future trail railway crossings in the City of Guelph as part of future budget processes. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Busuttil, Councillor Caron, Councillor Caton, Councillor Chew, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Hauser, Councillor Klassen, and Councillor Richardson

1. That Guelph Junction Railway staff explore shared funding opportunities for future trail railway crossings in the City of Guelph as part of future budget processes. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Busuttil, Councillor Caron, Councillor Caton, Councillor Chew, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Hauser, Councillor Klassen, and Councillor Richardson

1. That City Council, in its capacity as the Shareholder of the Guelph Junction Railway Limited, directs the Board of Directors to report back to the Shareholder, in advance of the next annual Shareholder’s meeting, evaluating the following with options for Council's consideration regarding: o Amending the GJR Shareholder Declaration to broaden its mandate to explicitly support the City’s adopted Master Plans, including the Trails Master Plan, Active Transportation Network, and climate change mitigation objectives. o Synchronizing GJR capital works and asset management schedules with City infrastructure and parks budgets to facilitate joint construction projects. o Review a framework for formal liability-sharing agreements and corridor easements between GJR and the City to safely integrate active transportation corridors within the railway right-of-way. o Developing a financial framework that would dedicate a portion of the annual GJR dividend to fund the safety infrastructure (such as fencing and grading) required for trail integration. This amendment was

1. That City Council, in its capacity as the Shareholder of the Guelph Junction Railway Limited, directs the Board of Directors to report back to the Shareholder, in advance of the next annual Shareholder’s meeting, evaluating the following with options for Council's consideration regarding: o Amending the GJR Shareholder Declaration to broaden its mandate to explicitly support the City’s adopted Master Plans, including the Trails Master Plan, Active Transportation Network, and climate change mitigation objectives. o Synchronizing GJR capital works and asset management schedules with City infrastructure and parks budgets to facilitate joint construction projects. o Establishing a framework for formal liability-sharing agreements and corridor easements between GJR and the City to safely integrate active transportation corridors within the railway right-of-way. o Developing a financial framework that would dedicate a portion of the annual GJR dividend to fund the safety infrastructure (such as fencing and grading) required for trail integration. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Busuttil, Councillor Caron, Councillor Caton, Councillor Chew, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Hauser, Councillor Klassen, and Councillor Richardson

1. That City Council, in its capacity as the Shareholder of the Guelph Junction Railway Limited, directs the Board of Directors to report back to the Shareholder, in advance of the at the next annual Shareholder’s meeting, evaluating the following with options for Council's consideration regarding: o Amending the GJR Shareholder Declaration to broaden its mandate to explicitly support the City’s adopted Master Plans, including the Trails Master Plan, Active Transportation Network, and climate change mitigation objectives. o Synchronizing GJR capital works and asset management schedules with City infrastructure and parks budgets to facilitate joint construction projects. o Establishing a framework for formal liability-sharing agreements and corridor easements between GJR and the City to safely integrate active transportation corridors within the railway right-of-way. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Busuttil, Councillor Caron, Councillor Caton, Councillor Chew, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Hauser, Councillor Klassen, and Councillor Richardson

1. That City Council, in its capacity as the Shareholder of the Guelph Junction Railway Limited, directs the Board of Directors to report back to the Shareholder, at the next annual Shareholder’s meeting, evaluating the following with options for Council's consideration regarding: o Amending the GJR Shareholder Declaration to broaden its mandate to explicitly support the City’s adopted Master Plans, including the Trails Master Plan, Active Transportation Network, and climate change mitigation objectives. o Synchronizing GJR capital works and asset management schedules with City infrastructure and parks budgets to facilitate joint construction projects. o Establishing a framework for formal liability-sharing agreements and corridor easements between GJR and the City to safely integrate active transportation corridors within the railway right-of-way. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Busuttil, Councillor Caron, Councillor Caton, Councillor Chew, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Hauser, Councillor Klassen, and Councillor Richardson