Pg. #

ITEM

MINUTES

1

1.

Motion to adopt the minutes of the meeting of the Finance Committee held on Thursday, October 19^th, 2006.

COUNCILLOR EVELINA HALSEY-BRANDT

7

2.

DISABILITY RESOURCE CENTRE (DRC) RELOCATION TO 6931 GRANVILLE AVENUE

(Report:  Feb. 7/07, File No.:   )

RECOMMENDATION

That:

(1)

the City and the Disability Resource Centre each be responsible for 50% of the cost of the Tenant Improvements required to relocate the DRC to 6931 Granville Avenue;

(2)

the cost of the improvements is not to exceed $300,000 in total;

(3)

the City pay for the improvements up front, and that the DRC repay their 50% back to the City over a mutually agreed upon repayment schedule; and

(4)

staff identify all possible funding sources for this project.

BUSINESS & FINANCIAL SERVICES DEPARTMENT

8

3.

TANGIBLE CAPITAL ASSETS

(Report:  Jan. 29/07, File No.:   ) (REDMS No. 2024250)

Designated Speaker:  Jerry Chong

STAFF RECOMMENDATION

That, to implement Public Sector Accounting Board (PSAB) requirements regarding tangible capital assets (as outlined in the report dated January 29^th, 2007, from the Director, Finance) that one-time funding of $400,000 be considered for funding from any arising 2006 surplus.

12

4.

2007 ADDITIONAL LEVELS

(Report:  Jan. 16/07, File No.:   ) (REDMS No. 2030323)

Designated Speaker:  Jerry Chong

STAFF RECOMMENDATION

That Committee review and advise as to which items should be added to the 2007 Operating Budget, which will be used as the basis for preparing the 5 Year Financial Plan (2007-2011).

5.

MANAGER’S REPORT

ADJOURNMENT