Subsequent to discussions with legal counsel regarding viable options, the interim plan is to have key City staff appointed as voting board members until such time as the Inter-municipal Collaboration Committee is able to convene and formulate recommendations relating to governance.
These appointments will allow the City to support the current operational and change management needs for STS. Once a transition plan is in place, the City will be in a position to directly support implementation of the plan, including transitioning of operations to the new governance entity (once determined), dealing with disbursement of assets and liabilities, and subsequent dissolution of the current Board as an entity.
The process for dissolution will require Council approval and will be dependent upon Council supporting the overall plan and transition in the context of regionalized transit.
As per the Articles of Association, board members are appointed to either a two or three year term and are eligible for reappointment. There is no limit on the number of years a voting member may serve. The terms for staff appointments are being proposed effective immediately ending on December 31, 2020. Although final solutions are expected to be in place before then, the term end date is being proposed to avoid the need to come back to Council for reappointments.
Legal counsel advises there are no restrictions or conflicts relating to the proposed board appointments, and no addendums to the Articles of Association are required.