Strategic Priorities and Policy Committee

That Consent Items 2.1 to 2.3 BE APPROVED.

That, on the recommendation of the Deputy City Manager, Finance Supports, the report regarding 2025 Corporate Asset Management Plan Progress Review BE RECEIVED for information.

That, on the recommendation of the City Manager, the report regarding 2025 Mid-Year Strategic Plan Implementation Update BE RECEIVED for information.

That the following actions be taken with respect to the 2024 Annual General Meeting of the Shareholder for the Housing Development Corporation, London (HDC): a) the 2024 Annual General Meeting of the Shareholder for the Housing Development Corporation, London (HDC) BE HELD at a meeting of the Strategic Priorities and Policy Committee on June 17, 2025, for the purpose of receiving the report from the Board of Directors of the Housing Development Corporation, London (HDC) in accordance with the Shareholder Declaration and the Business Corporations Act, R.S.O. 1990, c. B.16; and, b) the City Clerk BE DIRECTED to provide notice of the 2024 Annual Meeting to the Board of Directors for the Housing Development Corporation, London (HDC) and to invite the President and CEO and the Board/Chair to attend at the Annual Meeting and present the report of the Board in accordance with the Shareholder Declaration; it being noted that the Strategic Priorities and Policy Committee received a communication dated May 12, 2025, from M. Feldberg, President and CEO, Housing Development Corporation, London, with respect to this matter.

That pursuant to section 36.6 of the Council Procedure By-law, London Hydro Inc. BE PERMITTED to speak an additional five (5) minutes with respect to the London Hydro Inc. presentation and 2024 Annual Report.

That the preamble and parts a) through g) of the motion be approved and reads as follows: That, the following actions be taken with respect to London Hydro Inc.: a) the proposed by-law, as appended to the staff report dated May 27, 2025 as Appendix “A”, entitled “A by-law to ratify and confirm the Annual Resolutions of the Shareholder of London Hydro Inc.” BE INTRODUCED at the Municipal Council meeting to be held on June 3, 2025; b) the presentation by Y. Semsedini, CEO and C. Graham, Board Chair, London Hydro Inc., BE RECEIVED; c) the Vision 2030 - Five-Year Strategic Plan BE RECEIVED; d) the Summary of the 2024 Financial Results BE RECEIVED; e) the 2024 Annual Report on Finance BE RECEIVED; f) the communication regarding the Draft Shareholder Resolution BE RECEIVED; g) the communication dated May 12, 2025 from C. Graham, Chair, Board of Directors, London Hydro Inc. regarding the recommendation of appointment BE RECEIVED; and

That part h) of the motion be approved and read as follows: h) that Paul M. Madden BE APPOINTED to the London Hydro Board of Directors, Second Class, for the term ending December 31, 2025.

That the communication dated May 15, 2025 from C. Graham, Chair, Board of Directors, London Hydro Inc. regarding the Proposed Amendments to the Shareholders Declaration BE REFERRED to Civic Administration and to report back at a future meeting of the Strategic Priorities and Policy Committee.

That, on the recommendation of the Deputy City Manager, Finance Supports, the following actions be taken with respect to the 2025 London and Middlesex Community Housing Asset Management Plan: a) the report BE RECEIVED for information purposes; and b) the “2025 London and Middlesex Community Housing Asset Management Plan”, as appended to the staff report dated May 27, 2025 as Appendix “A”, BE APPROVED in accordance with Ontario Regulation 588/17.

That the following actions be taken with respect to Eldon House Board of Directors: a) the communication dated May 8, 2025 from J. O'Neil, Chair, Eldon House Board of Directors BE RECEIVED; b) the appointment to the Eldon House Board of Directors of Devinder Luthra BE RESCINDED; c) a vacancy on the Eldon House Board of Directors BE DECLARED; d) the City Clerk BE DIRECTED to advertise in the usual manner to solicit applications for appointment to Eldon House with applications to be brought forward to a future meeting of the Strategic Priorities and Policy Committee for consideration.

That the meeting BE ADJOURNED.