Calgary Municipal Land Corporation

 
Mandate:
Calgary Municipal Land Corporation, created and owned by The City of Calgary, exists to achieve the City's objectives for urban densification and community renewal, infrastructure investment and placemaking. 
Composition:
1 Mayor
2 Councillors
6 Independent Directors, one of whom shall be Chair
1 President

A director must be over 18 years of age.
At least one-quarter of the directors must be resident Canadians.
The Directors are to have experience and skills in the following areas:
- government relations,
- finance,
- legal,
- real estate,
- land development,
- engineering/construction, and
- communications/public relations.
Term:
1 year term
Term Expiry Month:
April
Meetings:
May be held by electronic means.
Meetings may be held with not less than 48 hours notice.
Day:  TBD
Time:  TBD
Location:  TBD
Quorum:
50% + 1
Resource Staff:
Sharma, Anu (403-718-9247)
Administrative Contact:
Anu Sharma (Executive Assistant)
Calgary Municipal Land Corporations
430 - 8 Avenue SE
Calgary AB T2G 0L7
Bus: 403-718-9247
E-mail: asharma@calgarymlc.ca
Reports To:
Council
Website:
Calgary Municipal Land Corporation


ChairVice ChairMemberRoleCurrent AppointmentExpiry Year
   Kate ThompsonPresident and CEO2020N/A
  Mayor Naheed NenshiMayor2010N/A
   Larry ClausenDirector2012N/A
   Shannon DoramDirector2020N/A
   Lyle EdwardsDirector, Past Chair2006N/A
   Rod GrahamDirector2020N/A
   Sandip LalliDirector2015N/A
x
  Randy MagnussenDirector, Chair2015N/A
   Martin MolyneauxDirector2015N/A
   Adam PekarskyDirector2020N/A
  Councillor Jeff DavisonCouncillor20192021
  Councillor Jyoti GondekCouncillor20182021



Authority  Description Decision
1. 2004 July 26, LAS2004-177 Council direct Administration to create the EastCore Development and Funding Strategy.
2. 2005 April 19, 25, 26 and May 02, C2005-34 Approve the use of Tax Increment Financing as a tool for urban revitalization in the area; Approve the creation of a Special Purpose Vehicle to implement the Rivers Revitalization Program (formerly EastCore); Direct Administration to assist with the formation of a Special Purpose Vehicle, including the appointment of a Board of Directors.
3. 2005 December 05, C2005-82 Findings of a consultant hired to recommend appropriate governance and organizational structure of a Special Purpose Vehicle (SPV) to implement The Rivers Revitalization Program.
4. 2006 May 08, M2006-03 To appoint four individuals, including the Chair, to the board of a Special Purpose Vehicle that will implement and oversee the delivery of The Rivers priority projects
5. 2007 February 22 Articles of Incorporation signed. This bylaw came into force upon the passing of the Bylaw by the Board.
6. 2007 April 16, AC2007-16 The Rivers Board - Calgary Municipal Land Corporation Terms of Reference
7. 2007 April 16, M2007-03, C2007-15 and Bylaw 5B2007 M2007-03: Council as Shareholder approve CMLC business Plan and Business Arrangements. C2007-15: approve in principle a unanimous Shareholder Agreement. Bylaw 5B2007: received 1st reading
8. 2007 September 11 Shareholder meeting: (1) Unanimous Shareholder Agreement; (2) Corporate Bylaws replaced by "255887/985446.v2"; (3) Subscription of share - City of Calgary subscribes for One Common Share of CMLC at a price of $1.00.
9. 2007 November 23 Shareholder meeting: (1) Approval of 2008 Business Plan Update and 2008 Budget Update.
10. 2008 June 24 Annual General Meeting: (1) Approval of additional projects (Fourth Street Underpass, Environmental Remediation, Heritage Building Maintenance).
11. 2008 November 28 Shareholder meeting: (1) Approval of 2009-2011 Business Plan and Budget.
12. 2009 April 30 Annual General Meeting: (1) Approval of 2008 Annual Report and Financial Statements.
13. 2008 December 04 Shareholder meeting: (1) Implementation, development work for and construction of St. Patrick's Island project and bridge; (2) Strategic land acquisitions and tenant improvements as per 2010 Business Plan Update.
14. 2009 May 20 Annual General Meeting: (1) Approval of 2009 Annual Report and Financial Statements.
15. 2010 September 07 Shareholder meeting: (1) Disposition to a corporation, on a phased basis of multiple parcels of land (P & Q); (2) Authorization to sell any or all of Parcels M1, M2 or N, alone or together; (3) Execute and deliver discharges of existing mortgage security registered against title to any of the lands to be sold.
16. 2011 February 25 Shareholder meeting.
17. 2011 June 23 Annual General Meeting: (1) Approval of 2010 Annual Report and Financial Statements.
18. 2012 February 09 Shareholder meeting: (1) Approval of 2012 Business Plan and Budget.
19. 2012 May 25 Annual General Meeting: (1) Approval of 2011 Annual Report and Financial Statements.
20. 2012 December 14 Special meeting of the Shareholder: (1) Purchase of portion of Block 39 (east) and subsequent sale of this parcel to interested party; (2) Providing partial funding for the development and construction of a new central library to be located on Block 127 in East Village.
21. 2013 February 22 Shareholder meeting: (1) Approval of 2013 Business Plan and Budget; (2) Included in 2013 Business Plan and Budget: perform due diligence and develop plans for four long term strategic opportunities (West Village, 16th Avenue opportunities, 17th Avenue SE, McKnight and Edmonton Trail).
22. 2013 June 14 Annual General Meeting: (1) Approval of 2012 Annual Report and Financial Statements; (2) Explore the option of building part of the proposed "Green Line" situated within the EV CRL boundary.
23. 2014 March 21 Shareholder meeting: (1) Approval of 2014-2016 Business Plan and Budget; (2) Included in the 2014-2016 Business Plan and Budget: work to continue to perform due diligence and develop plans for two long term strategic opportunities (17th Avenue SE, West Village); (3) Explore the option of building part of the proposed "Green Line" situated within the EV CRL boundary.
24. 2014 June 12 Annual General Meeting: (1) Approval of 2013 Annual Report and Financial Statements; (2) Explore the option of building part of the proposed "Green Line" situated within the EV CRL boundary.
25. 2014 October 27 Special meeting of the Shareholder: (1) Authorization to purchase Cecil Hotel.
26. 2015 February 11 Shareholder meeting (1) Approval of 2015 Business Plan and Budget; (2) Continue to undertake redevelopment work on West Village, including but not limited to environmental and legal investigations related to the future redevelopment potential of the site; (3) Authorization to purchase the David D. Oughton school site and prepare redevelopment plans for the site.
27. 2015 June 12 Annual General Meeting: (1) Approval of 2014 Annual Report and Financial Statements.
28. 2016 February 19 Shareholder meeting: (1) Approval of 2016 Business Plan and Budget; (2) Corporate mandate amendment to now read: "CMLC, created and owned by The City of Calgary, exists to achieve the City's objectives for urban densification and community renewal, infrastructure investment and placemaking".
29. 2016 June 10 Annual General Meeting: (1) Approval of 2014 Annual Report and Financial Statements; (2) Approval of increase in borrowing capacity.
30. 2018 April 16, C2018-0465 Notice of Motion (1) Council, using the Board's skill matrix, nominate two additional nominees from Council to the Board prior to the next CMLC annual meeting of shareholders; and (2) Administration work with CMLC prior to the next CMLC annual meeting of shareholders to update the CMLC bylaws to (A) reflect the desire that the Board appointees from time to time include of the Mayor elected from time to time and two Councillors and (B) clarify the role, obligations and rights of an ex-officio Board member.
31. 2018 April 23, C2018-0535 Council nominated 2 Councillors, with terms to expire at the 2018 Organizational Meeting of Council.