Time:

4:00 p.m.

Place:

Anderson Room

Richmond City Hall

Present:

Mayor Malcolm D. Brodie

Councillor Linda Barnes

Councillor Derek Dang

Councillor Evelina Halsey-Brandt

Councillor Greg Halsey-Brandt

Councillor Sue Halsey-Brandt

Councillor Ken Johnston

Councillor Bill McNulty

Director, City Clerk’s Office – David Weber

Absent:

Councillor Harold Steves

Call to Order:

Mayor Brodie called the meeting to order at 4:02 p.m.

RES NO.

ITEM

1.

CONSENT RESOLUTIONS of the shareholder IN lieu of THE ANNUAL GENERAL MEETInG OF 0827805 B.C. LTD. (DBA “RICHMOND OLYMPIC OVAL CORPORATION”)

(File No. )

SP10/14-1

It was moved and seconded

That:

(1)

the financial statements of the Company for the period from January 1, 2009 to December 31, 2009, together with the auditor’s report on such financial statements, which financial statements were approved by the Company’s board of directors on April 8, 2010 and presented to the shareholder at an open meeting of Richmond City Council on May 10, 2010;

(2)

the following persons, each of whom has consented in writing to act as a director, are hereby elected as directors of the Company, to hold office until the next annual general meeting of the Company or unanimous resolutions consented to in lieu of holding an annual general meeting, or until their successors are appointed:

David Thom

Moray Keith

Roger Barnes

Victor John Farmer

Edward Michael O’Brien

Umendra Mital

Linda Sanderson

George Duncan

(3)

KPMG LLP be appointed as auditors of the Company until the next annual reference date of the Company or until a successor is appointed, at a remuneration to be fixed by the directors; and

(4)

November 15, 2010 be and is hereby selected as the annual reference date for the Company for its current annual reference period.

The question on Resolution No. SP10/14-1 was not called, as a question was asked regarding the meaning of the reference date in Part (4), and it was noted that Part (4) of the resolution was meant to provide a reference date for the  next Annual General meeting.  It was also noted that the next Annual General meeting would be held within three months of the reference date.  Advice was provided that the reference date for 2010 had been later than usual, and that preference would be given to holding the Annual General meeting in late June or early July of 2011.  

As a result of the discussion, it was agreed that Part (4) of Resolution No. SP10/14-1 would be WITHDRAWN. 

The question on Parts (1) to (3) of Resolution No. SP10/14-01 was then called, and it was CARRIED.

ADJOURNMENT

SP10/14-2

It was moved and seconded

That the meeting adjourn (4:06 p.m.).

CARRIED

Certified a true and correct copy of the Minutes of the Special Meeting of the Council of the City of Richmond held on Monday, November 15, 2010.

_________________________________

_________________________________

Mayor (Malcolm D. Brodie)

Corporate Officer (David Weber)