New Brant corporation moves closer to completion
PARIS - Brant County's proposed municipal corporation is a step closer to becoming a reality.
Council's corporate development committee overwhelmingly supported Monday a recommendation to accept a shareholder declaration and a staff report detailing the creation of Brant Municipal Enterprises (BME).
If approved by council at its next meeting on March 19, the county would wind down the operations of Brant County Power Services Inc. (BCPSI) and fold its assets in to the new Brant Municipal Enterprises. That move is also slated to include Brant Renewable Energy.
BCPSI is involved in fibre optics, while its division, Brant Renewable Energy, is involved in solar panel energy projects.
The board of directors of BME would have seven members, including the mayor, the chairman of the corporate development committee, one additional member of council, and four private directors to be appointed by council.
The county's CAO, currently Paul Emerson, will be the new corporation's CEO, with no extra compensation.
Some critics on council attempted some last-minute manoeuvring designed to curtail the scope of the corporation's business activities.
Coun. David Miller tried to move an amendment stating that BME would not engage in any business activity where there is an existing or proposed business operating.
"I have no concerns about the current people who will be involved in the corporation, or what it will be doing right now," Miller said. "My concern is that down the road things could change."
His amendment was defeated.
After more debate, Mayor Ron Eddy succeeded in getting enough support for a compromise amendment that BME may engage in business activities with council's approval.
Michael Bradley, general manager of corporate services, said the shareholder declaration and the structure of the new corporation will give the board of directors and the operation "a fair amount of council oversight."