April 11, 2016 - Minutes (Special)

Date:

Monday, April 11, 2016

Place:

Anderson Room
Richmond City Hall

Present:

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

Call to Order:

The Chair called the meeting to order at 4:02 p.m.

1.

Annual Property Tax Rates (2016) Bylaw No. 9535
(File Ref. No. 03-0925-01) (REDMS No. 4937597)

In response to queries from Committee, Ivy Wong, Manager, Revenue, acknowledged that (i) assessment values recently increased (ii) the proposed tax rates were adjusted to ensure the City collected enough to balance the 2016 operating budget and (iii) anticipated new growth revenues were considered.

It was moved and seconded

That the Annual Property Tax Rates (2016) Bylaw No. 9535 be introduced and given first, second and third readings.

CARRIED
Opposed: Cllr. Day

ADJOURNMENT

It was moved and seconded

That the meeting adjourn (4:05 p.m.).

CARRIED

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, April 11, 2016.

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Mayor Malcolm D. Brodie
Chair

Carrie Peacock
Recording Secretary