HomeMy WebLinkAboutCOR-2022-176 - Execution of Indemnifications/Releases Pertaining to Bequests to the City
Corporate Services Department www.kitchener.ca
REPORT TO: Committee of the Whole
DATE OF MEETING: April 11, 2022
SUBMITTED BY: Lesley MacDonald, Director Legal Services & City Solicitor
519-741- 2200 ext. 7267
PREPARED BY: Lesley MacDonald, Director Legal Services & City Solicitor
519-741- 2200 ext. 7267
WARD(S) INVOLVED: All
DATE OF REPORT: April 5, 2022
REPORT NO.: COR-2022-176
SUBJECT: Execution of Indemnifications/Releases pertaining to Bequests to the
City
RECOMMENDATION:
That the CAO, Deputy CAO or Department Heads be authorized to execute
Indemnifications/Releases pertaining to Bequests to the City under $250,000.00; said
documentation to be to the satisfaction of the City Solicitor.
REPORT HIGHLIGHTS:
This report supports the delivery of core services.
BACKGROUND:
Upon occasion the City is the benefactor under a Will to receive a bequest. The lawyer for the
Estate may seek an indemnification/release from liability for the protection of the Estate
Trustee/Executor. This is typically done in advance of any portion of the Estate being distributed,
the details of which are not public.
REPORT:
In order to facilitate these requests in a timely manner so the Estate Trustee can advance the
distribution of any bequest to the City, delegation of the execution of the documentation to the
CAO, Deputy CAO and Department Heads, subject to review by Legal, is appropriate.
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STRATEGIC PLAN ALIGNMENT:
This report supports the delivery of core services.
FINANCIAL IMPLICATIONS:
Capital Budget The recommendation has no impact on the Capital Budget.
Operating Budget The recommendation has no impact on the Operating Budget.
COMMUNITY ENGAGEMENT:
INFORM ebsite with the agenda in advance of the
council / committee meeting.
PREVIOUS REPORTS/AUTHORITIES:
There are no previous reports/authorities related to this matter.
APPROVED BY: Victoria Raab, General Manager, Corporate Services