Approval of Articles of Incorporation and Shareholder Agreement for the Nanaimo Prosperity Corporation
Motion
It was moved and seconded that Council 1. approve the Articles of Incorporation and Shareholder Agreement for the Nanaimo Prosperity Corporation; 2. appoint a Council member as a non-voting director to the Board of the Nanaimo Prosperity Corporation until November 2022; and 3. direct Staff to work with the Nanaimo Prosperity Corporation shareholders to host the inaugural Board meeting no later than 2022-MAR-30.