September 21, 2015 - Agenda

Pg. #

ITEM

MINUTES

FIN-4

Motion to adopt the minutes of the meeting of the Finance Committee held on July 6, 2015.

FINANCE AND CORPORATE SERVICES DIVISION

1.

Purchasing Policy Amendments
(File Ref. No. 02-0745-00) (REDMS No. 4595006 v. 5 )

FIN-9

See Page FIN-9 for full report

Designated Speaker:  Syd Stowe

STAFF RECOMMENDATION

That:

(1)

Policy 3105 (Purchasing Policy – Construction Management Projects), be rescinded;

(2)

Policy 3103 (Environmental Purchasing Policy) be rescinded;

(3)

Policy 3104 (Procurement Policy), adopted by Council on May 8, 2006 be amended as set out in Attachment 3 of the staff  report titled "Purchasing Policy Amendments," dated July 21, 2015, from the Director, Finance; and

(4)

Policy 3709 (Financial Signing Authorities Policy), adopted by Council on May 8, 2006 be amended as set out in Attachment 4 of the staff  report titled "Purchasing Policy Amendments," dated July 21, 2015, from the Director, Finance.

2.

Finance Policy Amendments and Officer and General Manager Bylaw Amendments
(File Ref. No. 12-8060-20-009217) (REDMS No. 4710755)

FIN-40

See Page FIN-40 for full report

Designated Speaker:  Jerry Chong

(1)

That Council Policy 2003 (Disposal of City Assets) be amended as set out in Attachment 3 of the staff report titled “Finance Policy Amendments,” dated July 28, 2015, from the Director, Finance, and Director, City Clerk’s Office;

(2)

That Council Policy 3001 (Budget Amendments) be amended as set out in Attachment 4 of the staff report titled “Finance Policy Amendments and Officer and General Manager Bylaw Amendments,” dated July 28, 2015, from the Director, Finance, and Director, City Clerk’s Office; and

(3)

That Officer and General Manager Bylaw No. 8125, Amendment Bylaw No. 9217 be introduced and given first, second and third readings.

3.

Financial Information – 2^nd Quarter June 30, 2015
(File Ref. No.) (REDMS No. 4668743)

FIN-54

See Page FIN-54 for full report

Designated Speaker: Cindy Gilfillan 

That the staff report titled “Financial Information – 2^nd Quarter June 30, 2015,” dated August 22, 2015, from the Director, Finance, be received for information.

RICHMOND OLYMPIC OVAL CORPORATION

4.

2^nd quarter 2015 – financial information for the Richmond olympic oval corporation
(File Ref. No.) (REDMS No.)

FIN-84

See Page FIN-84 for full report

Designated Speaker:  Rick Dusanj

STAFF RECOMMENDATION

That the report on Financial Information for the Richmond Olympic Oval Corporation for the second quarter ended  June 30, 2015 from the Controller of the Richmond Olympic Oval Corporation be received for information.

ADJOURNMENT