Be it resolved that:
1. The 2020 Annual Report containing the consolidated financial statements of the Corporation for the year ended December 31, 2020 and the report of the Auditors on the financial statements be hereby approved.
2. The firm of KPMG LLP be hereby appointed to serve as the Corporation's auditors until a replacement is selected and appointed by the Shareholder at remuneration to be determined by the directors.
3. The following persons are hereby confirmed as elected directors of the Corporation, having been appointed to hold office for a term of two (2) year term to December 31, 2021 or until their successors are duly elected, subject to the provisions of the by-laws of the Corporation, the shareholder direction applicable to the Corporation and the provisions of the Business Corporations Act (Ontario):
John Maheu
Archie Bennett
4. The following persons be and they are hereby confirmed as directors of the Corporation by virtue of the offices they hold, to hold the office of director for so long as they hold the offices specified below or until their successors to said offices below are duly elected or appointed, as the case may be, subject to the provisions of the by-laws of the Corporation and the provisions of the Business Corporations Act (Ontario):
Gerry Smallegange, by virtue of holding the office of President of the Corporation,
Marianne Meed Ward, by virtue of holding the office of Mayor of the City of Burlington,
Tim Commisso, by virtue of holding the office of City Manager of the City of Burlington.
That Council direct the City Clerk to execute the Resolutions on behalf of the Sole Shareholder;
That the City Clerk be directed to provide a copy of this resolution with the executed resolutions of the Sole Shareholder to the Burlington Enterprises Corporation.