September 6, 2011 - Minutes
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Finance Committee
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Date: |
Tuesday, September 6, 2011 |
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Place: |
Anderson Room Richmond City Hall |
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Present: |
Mayor Malcolm D. Brodie, Chair Councillor Linda Barnes Councillor Derek Dang Councillor Greg Halsey-Brandt Councillor Sue Halsey-Brandt Councillor Bill McNulty Councillor Harold Steves |
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Absent: |
Councillor Evelina Halsey-Brandt Councillor Ken Johnston |
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Call to Order: |
The Chair called the meeting to order at 4:25 p.m. |
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MINUTES | |
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It was moved and seconded |
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That the minutes of the meeting of the Finance Committee held on Monday, June 6, 2011, be adopted as circulated. |
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CARRIED |
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BUSINESS AND FINANCIAL SERVICES DEPARTMENT |
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1. |
FINANCIAL INFORMATION – 2ND QUARTER 2011 (File Ref. No. 03-0970-03-01) (REDMS No. 3296245) |
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A discussion ensued amongst members of Committee and various staff about the rationale for awarding specific contracts between April 1, 2011 and June 30, 2011. Staff noted that contracts are generally awarded when a need exists beyond a base level of service which the City is able to provide. |
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It was moved and seconded |
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That the staff report on Financial Information for the 2nd Quarter ended June 30, 2011 be received for information. |
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CARRIED |
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2. |
AMENDMENTS TO THE 5 YEAR FINANCIAL PLAN (2011-2015) BYLAW NO. 8707 (File Ref. No. 03-0900-01) (REDMS No. 3315836) | |
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Jerry Chong, Director, Finance, noted that no tax impact would result from the amendments to the 5 Year Financial Plan (2011-2015), as the items were previously approved by Council. | |
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It was moved and seconded | |
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(1) |
That the 5 Year Financial Plan (2011 – 2015) be amended to reflect the previously approved Council changes as per the attached report; |
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(2) |
That the 5 Year Financial Plan (2011 – 2015) be amended to reflect the administrative changes as per the attached report; and |
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(3) |
That the 5 Year Financial Plan (2011 – 2015) Bylaw No. 8707, Amendment Bylaw 8809, which would incorporate and put into effect the changes to the 2011 Capital and Operating Budgets (as summarized in Attachment 1), be introduced and given first, second and third readings. |
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CARRIED | |
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ADJOURNMENT |
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It was moved and seconded |
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That the meeting adjourn (4:36 p.m.). |
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CARRIED |
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Certified a true and correct copy of the Minutes of the meeting of the Finance Committee of the Council of the City of Richmond held on Tuesday, September 6, 2011. |
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Mayor Malcolm D. Brodie Chair |
Shanan Dhaliwal Executive Assistant City Clerk’s Office |