Agenda Package: Business Board - October 07, 2019

AGENDA

Pursuant to section 33(i) of By-Law Number 2,
it will be proposed that consideration of items 17 to 21(a-g) take place in camera.

OPEN SESSION

1. Chair’s Remarks
2. Annual Report: Vice-President, Advancement (for information)*
3. Investments: Semi-Annual Update on Investment Performance to June 30, 2019 (for information)*
4. Endowment Annual Financial Report for the year ended April 30, 2019 (for information)*
5. Status Report on Debt to August 31, 2019 (for information)*
6. Revisions: University Funds Investment Policy (for approval)*
   
   Be it Resolved
   
   THAT the Business Board approve the University Funds Investment Policy, dated October 7, 2019, attached as Appendix C to the Memorandum from Sheila Brown, Chief Financial Officer, dated September 3, 2019, replacing the University Funds Investment Policy dated June 21, 2017
7. Health and Safety: Quarterly Reports on Compliance (for information)*

8. Reports of the Administrative Assessors (oral reports)

OPEN SESSION CONSENT AGENDA***

9. Approvals Under Summer Executive Authority (for information)*
10. Report of the Previous Meeting: Report Number 247, June 18, 2019*
11. Business Arising from the Reports of the Previous Meetings
12. Report Number 133 of the Audit Committee, June 17, 2019*
13. Credit Reports:
    1. Dominion Bond Rating Service (DBRS) (for information)*
    2. Moody’s Investor Services, Credit Opinion (for information)*
14. Calendar of Business, 2019-20 (for information)*

CLOSING ADMINISTRATIVE MATTERS

15. Other Business
16. Date of the Next Meeting – Wednesday, November 27, 2019
    1. Orientation (Part II) at 4:30 p.m.
    2. Meeting at 5:00 p.m. 

CLOSED SESSION/IN CAMERA ITEMS

17. In Camera Reports of the Administrative Assessors (oral reports)
18. Update: University Pension Plan Ontario [“the UPP”] (for information and discussion)+
19. Quarterly List of Donations of $250,000 or more to the University of Toronto – May 1, 2019 to July 31, 2019 (for information)+
20. Employee Pension Contribution Increases and Compensation:
    1. OPSEU Local 578 (for approval)+
    2. CUPE 3902, Unit 3 (for approval)+
21. Capital Projects:
    1. New Student Residence at the University of Toronto Scarborough – Revised
       Total Project Cost and Sources of Funding
       1. Financing Requirement (for approval)+
       2. Execution of the Project (for approval)+
    2. Spadina Sussex Residence
       1. Financing Requirement (for approval)+
       2. Execution of the Project (for approval)+
    3. Landscape of Landmark Quality
       1. Financing Requirement (for approval)+
       2. Execution of the Project (for approval)+
    4. Geothermal System at King’s College Circle
       1. Financing Requirement (for approval)+
       2. Execution of the Project (for approval)+
    5. Geothermal System at Robert Street Field*
       1. Financing Requirement (for approval)
       2. Execution of the Project (for approval)
    6. 700 University, 4th Floor: Fit-out for the Department of Statistical Sciences and A&S Professional Masters Hub – Execution of the Project (for approval)+
    7. Facilities Master Plan at the Koffler Scientific Reserve – Execution of the Project (for approval)+

     *   Documentation included.

   **   Documentation to follow.

 ***   Documentation for consent items included.  These items will be given individual consideration by the Business Board only if a member so requests.  Members with questions or who would like a consent item to be discussed by the Business Board are invited to notify the Secretary, Patrick F. McNeill at least 24 hours in advance of the meeting by telephone at 416-978-8428 or by email at patrick.mcneill@utoronto.ca

    +    Confidential documentation for members only.