I sent a draft of this note to Finance and Administration Chair Carolyn Mullins also.
Last evening I attended the A&F meeting and left with a thousand unanswered questions.
The concerns I have are the following:
- Why was the date of the letter from Borden Ladner Gervais blanked out?
- How can you legally transfer shares of a corporation on 1 January 2016 and sign it today when A&F has just approved to the share sale on 8 August 2016, and not yet approved by council?
- Could I have a copy of the “Articles of Incorporation” for the new numbered company?
- The question was asked numerous times about the purchase of shares for $12.9 million and neither you, as Chair, and being on the hydro board nor the Mayor knew how that value was set. Where did that value come from?
I guess the comment from Ald. Steve Berry left me of the opinion that maybe there is hanky panky going on.
I found it really strange that his comments directed to Ald. Dave Kadwell were not of a more positive nature.
I guess that is why other municipalities have an integrity commissioner.
I would appreciate a response Carolyn.