City Council

That the minutes of the open Council Meetings held January 25, 2021, Special Council meeting dated January 18, 2021 and Committee of the Whole meeting dated January 11, 2021, be confirmed as recorded and without being read. Voting

That the report titled ‘2020 Internal Audit Summary and 2021 Work Plan’ be approved. Voting

That staff be directed to ready the City for the implementation of the Joint Investment Board option available under the Prudent Investor Standard while monitoring the legislative landscape for additional opportunities that may arise from an anticipated provincial review of municipal investment legislation; and That staff be directed to report back to Council with final Investment Policy recommendations within two years, subject to the anticipated provincial review; and That the proposed amendments to the current Investment Policy to expand access to professionally managed investments through ONE Investment be approved. Voting

That the Council of the City of Guelph now hold a meeting that is closed to the public, pursuant to Sections 239(2)(d) of the Municipal Act, related to labour relations or employee negotiations. Voting

That by-law numbers (2021)-20573 to (2021)-20576, as amended, are hereby passed. Voting

That the meeting be adjourned. (7:12 p.m.) Voting

That the minutes of the open Council Meetings held January 25, 2021, Special Council meeting dated January 18, 2021 and Committee of the Whole meeting dated January 11, 2021, be confirmed as recorded and without being read. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Bell, Councillor Billings, Councillor Caron, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Gordon, Councillor Hofland, Councillor MacKinnon, Councillor O'Rourke, and Councillor Salisbury

That the report titled ‘2020 Internal Audit Summary and 2021 Work Plan’ be approved. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Bell, Councillor Billings, Councillor Caron, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Gordon, Councillor Hofland, Councillor MacKinnon, Councillor O'Rourke, and Councillor Salisbury

1. That staff be directed to ready the City for the implementation of the Joint Investment Board option available under the Prudent Investor Standard while monitoring the legislative landscape for additional opportunities that may arise from an anticipated provincial review of municipal investment legislation; and 2. That staff be directed to report back to Council with final Investment Policy recommendations within two years, subject to the anticipated provincial review; and 3. That the proposed amendments to the current Investment Policy to expand access to professionally managed investments through ONE Investment be approved. Voting in Favour: (12): Mayor Guthrie, Councillor Allt, Councillor Billings, Councillor Caron, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Gordon, Councillor Hofland, Councillor MacKinnon, Councillor O'Rourke, Councillor Salisbury Voting Against: (1): Councillor Bell

That by-law numbers (2021)-20573 to (2021)-20576, as amended, are hereby passed. Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Bell, Councillor Billings, Councillor Caron, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Gordon, Councillor Hofland, Councillor MacKinnon, Councillor O'Rourke, and Councillor Salisbury

That the meeting be adjourned. (7:12 p.m.) Voting in Favour: (13): Mayor Guthrie, Councillor Allt, Councillor Bell, Councillor Billings, Councillor Caron, Councillor Downer, Councillor Gibson, Councillor Goller, Councillor Gordon, Councillor Hofland, Councillor MacKinnon, Councillor O'Rourke, and Councillor Salisbury