The strange case of the future of Guelph Hydro Electric Systems Inc continues next Thursday with a special, albeit closed, meeting of the shareholders of Guelph Municipal Holdings Inc., AKA: city council.
Here's what's on the agenda:
C-GMHI-2017.3 Strategies and Options Committee –Recommendation on Potential Mergers
Section 239 (2)(f) of the Municipal Act related to advice that is subject to solicitor-client privilege, including communications necessary for that purpose.
C-GMHI-2017.4 Project Governance and Budget: Negotiating Team
Section 239 (2)(f) of the Municipal Act related to advice that is subject to solicitor-client privilege, including communications necessary for that purpose.
Do not look for any hard and fast details to come out of the closed session; the argument likely being that the details of whatever's going on is far too sensitive right now, and in a purely theoretical state.
What's clear though is that 1) the Strategies and Options Committee has a merger option (or options) that they'd like to present to council, and 2) this is far enough along that they're looking to create an official team of negotiators. Who will take on that effort? At the last meeting on this matter, councillors were barred from sitting on the GHESI board until this process is complete, so will councillors be allowed to take part in the negotiations? Will members of the SOC?
More important than that, will there be some kind of public announcement after the closed meeting? The next special meeting of the GMHI board will not be held until December 13, so hopefully.
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