https://barrie.ca.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=3287044&GUID=69EDC8A8-9CA1-4BED-A079-F5E16D81E1D0Legistar15https://barrie.ca.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=3287044&GUID=69EDC8A8-9CA1-4BED-A079-F5E16D81E1D069EDC8A8-9CA1-4BED-A079-F5E16D81E1D0-2023-02-22-19-46-36Title: MERGER OF ALECTRA AND GUELPH HYDRO WHEREAS Barrie Hydro Holdings Inc., the Municipality's subsidiary (the "Subsidiary") and The Corporation of the City of Barrie (the "Municipality") are parties to the Unanimous Shareholders Agreement for Alectra Inc. ("Alectra") dated January 31, 2017 (the "Current Alectra Shareholder Agreement"); AND WHEREAS the Board of Directors of the Subsidiary will consider the purchase by Alectra of all of the issued and outstanding shares of Guelph Hydro Electric Systems Inc. ("GHESI") from Guelph Municipal Holdings Inc. ("GMHI") in consideration for the issuance to GMHI of Class G Common Shares in the capital of Alectra, and the amalgamation of Alectra Utilities Corporation ("AUC") with GHESI, both of which at such time will be wholly-owned subsidiaries of Alectra, under Section 174 of the Business Corporations Act (Ontario), to continue as one local distribution company to be called Alectra Utilities Corporation, all conditional upon the completion of a merger participation agreement to be entered into between Alectra, AUC, GHESI and GMHI, in accordance Wed, 22 Feb 2023 19:46:36 GMT