May 7, 2012 - Minutes
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Finance Committee
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Date: |
Monday, May 7, 2012 |
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Place: |
Anderson Room Richmond City Hall |
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Present: |
Mayor Malcolm D. Brodie, Chair Councillor Chak Au Councillor Derek Dang Councillor Evelina Halsey-Brandt Councillor Ken Johnston Councillor Bill McNulty Councillor Linda McPhail Councillor Harold Steves |
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Absent: |
Councillor Linda Barnes |
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Call to Order: |
The Chair called the meeting to order at 4:59 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, April 2, 2012, be adopted as circulated. |
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CARRIED |
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DELEGATION |
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1. |
Nancy Adie-MacKay, Partner, and Becky Hui, Senior Manager, KPMG reviewed the 2011 Auditor’s report on the City’s financial statements. |
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BUSINESS AND FINANCIAL SERVICES DEPARTMENT |
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2. |
2011 CONSOLIDATED FINANCIAL STATEMENTS (File Ref. No.: ) (REDMS No.3514791) |
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It was moved and seconded |
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That the City’s audited consolidated financial statements for the year ended December 31, 2011 be approved. |
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CARRIED |
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Councillor Chak Au left the meeting (5:02 p.m.). |
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3. |
FINANCIAL INFORMATION – 1ST QUARTER 2012 (File Ref. No.: ) (REDMS No. 3512161) |
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It was moved and seconded |
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That the staff report titled Financial Information for the 1st Quarter ended March 31, 2012 from the Director, Finance, be received for information. |
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CARRIED |
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Councillor Chak Au re-entered the meeting (5:03 p.m.). |
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ADJOURNMENT |
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It was moved and seconded |
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That the meeting adjourn (5:04 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 Monday, May 7, 2012. |
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Mayor Malcolm D. Brodie Chair |
Shanan Dhaliwal Executive Assistant City Clerk’s Office |