Date:

Monday, March 8, 2010

Time:

4:00 p.m.

Place:

Anderson Room

Richmond City Hall

6911 No. 3 Road

Public Notice is also hereby given that this meeting may be conducted by electronic means and that the public may hear the proceedings of this meeting at the time, date and place specified above.

The purpose of the meeting is to consider the following:

CALL TO ORDER

COMMITTEE OF THE WHOLE

1.

Motion to resolve into Committee of the Whole to hear delegations on agenda items.

2.

Delegations from the floor on Agenda items.

3.

Motion to rise and report.

RATIFICATION OF COMMITTEE ACTION

BUSINESS AND FINANCIAL SERVICES DEPARTMENT

CNCL-1

4.

2010 capital budget and 5 year financial plan (2010-2014)

(File Ref. No.:  12-8060-20-8568) (REDMS No. 2810772)

STAFF RECOMMENDATION

(1)

That the Council-approved 2010 Capital Budget be amended to increase the land acquisitions by $28.17M to $59.17M to accommodate the purchase of Garden City Lands, funded from the Community Legacy and Land Replacement Reserve.

(2)

That the Council-approved 2010 Capital Budget be amended to increase the amount of strategic land acquisitions by $2.82M to $5.42M, funded from the Capital Reserve-Industrial Use.

(3)

That the Council-approved 2010 Capital Budget be amended to include the costs relating to the Lubzinski exhibit in the amount of $0.30M, funded from the Steveston Road Ends Reserve.

(4)

That the Council-approved 2010 Capital Budget be amended by $2.80M to include an increase in grant and developer funding for a number of miscellaneous projects. 

(5)

That the 5 Year Financial Plan (2010 – 2014) be approved, that the 5 Year Financial Plan (2010 – 2014) Bylaw No. 8568 be introduced and given first, second and third readings and that staff undertake a process of public consultation as required in Section 166 of the Community Charter.

ADJOURNMENT