June 19, 2017 - Minutes (Special)

Place:

Anderson Room
Richmond City Hall

Present:

Mayor Malcolm D. Brodie
Councillor Chak Au
Councillor Derek Dang
Councillor Carol Day
Councillor Ken Johnston
Councillor Alexa Loo
Councillor Bill McNulty
Councillor Linda McPhail
Councillor Harold Steves

Corporate Officer – David Weber

Call to Order:

Mayor Brodie called the meeting to order at 4:00 p.m.

RES NO.

ITEM

The meeting was recessed at 4:01 p.m.

The meeting reconvened at 4:41 p.m., following the Open General Purposes Committee meeting with all members of Council present.

RICHMOND OLYMPIC OVAL CORPORATION

1.

UNANIMOUS CONSENT RESOLUTIONS OF THE SHAREHOLDER OF RICHMOND OLYMPIC OVAL CORPORATION
(File Ref. No.: 01-0060-20-ROVA1, Xr: 03-1200-09) (REDMS No. 5391881)

SP17/3-1

It was moved and seconded

RESOLVED THAT:

(1)

the Shareholder acknowledges and confirms the previous receipt of financial statements of the Company for the period from January 1, 2016 to December 31, 2016, together with the auditor’s report on such financial statements, which financial statements were approved by the Company’s board of directors on April 19, 2017 and presented to the Shareholder at the Finance Committee meeting of Richmond City Council on May 1, 2017;

(2)

the Shareholder acknowledges that the following directors are currently serving a 2‐year term (2016‐ 2018) and will continue to serve as directors for the coming year:

Name

Edward Michael O’Brien

Dennis Skulsky

George Duncan

Moray Keith

Umendra Mital

Peter German

Tony Kwan

Gail Terry

Dan Nomura

Lisa Cowell

Walter Soo

Gary Collinge

(3)

the 2016 Annual Report of the Company is hereby received; and

(4)

June 19, 2017 be and is hereby selected as the annual reference date for the Company for its current annual reference period.

CARRIED

LULU ISLAND ENERGY COMPANY LTD.

2.

UNANIMOUS CONSENT RESOLUTIONS OF THE SHAREHOLDER OF lulu island energy company ltd.
(File Ref. No.: 01-0060-20-LIEC1, Xr: 03-1200-08) (REDMS No. 5389058, 5389435, 5389439, 5389442)

SP17/3-2

It was moved and seconded

RESOLVED THAT:

(1)

the Shareholder acknowledges and confirms the previous receipt of financial statements of the Company for the period from January 1, 2016 to December 31, 2016, together with the auditor’s report on such financial statements, which financial statements were approved by the Company’s board of directors on April 20, 2017 and presented to the Shareholder at the Finance Committee meeting of Richmond City Council on May 1, 2017;

(2)

all lawful acts, contracts, proceedings, appointments and payments of money by the directors of the Company since the last annual reference date of the Company, and which have previously been disclosed to the shareholder, are hereby adopted, ratified and confirmed;

(3)

the number of directors of the Company is hereby fixed at 5;

(4)

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:

Cecilia Maria Achiam

Jerry Ming Chong

Joseph Erceg

Robert Gonzalez

John David Irving

(5)

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

(6)

June 19, 2017 is hereby selected as the annual reference date for the Company for its current annual reference period.

CARRIED

ADJOURNMENT

SP17/3-3

It was moved and seconded

That the meeting adjourn (4:42 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, June 19, 2017.

_________________________________

_________________________________

Mayor (Malcolm D. Brodie)

Corporate Officer (David Weber)