June 6, 2016 - Minutes
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Finance Committee
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Date: |
Monday, June 6, 2016 |
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Place: |
Anderson Room |
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Present: |
Mayor Malcolm D. Brodie, Chair |
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Call to Order: |
The Chair called the meeting to order at 4:23 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 Special Finance Committee held on May 9, 2016, be adopted as circulated. |
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CARRIED |
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FINANCE AND CORPORATE SERVICES DIVISION |
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1. |
2015 Annual Development cost charges (File Ref. No. 03-0905-05-01) (REDMS No. 4955188; 4955220 v. 2) |
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It was moved and seconded |
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That the staff report titled, “2015 Annual Development Cost Charges,” dated May 5, 2016 from the Director, Finance be received for information. |
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CARRIED |
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2. |
2015 Annual Report and 2015 Annual Report Highlights (File Ref. No.) (REDMS No. 5001498; 5031206; 5031207) |
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It was moved and seconded |
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That the reports titled, “City of Richmond 2015 Annual Report” and the “2015 Annual Report – Highlights” be approved. |
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CARRIED |
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3. |
Financial information – 1st quarter march 31, 2016 (File Ref. No. 03-0905-01) (REDMS No. 4998192 v. 3) |
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It was moved and seconded |
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That the staff report titled, “Financial Information – 1st Quarter March 31, 2016”, dated May 6, 2016 from the Director, Finance be received for information. |
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CARRIED |
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RICHMOND OLYMPIC OVAL CORPORATION |
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4. |
Richmond Olympic Oval Corporation – 1st quarter 2016 financial information (File Ref. No.) (REDMS No. 5019696) |
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In response to a query from Committee, Rick Dusanj, Controller, Richmond Olympic Oval Corporation commented that the decision to transfer surplus funds is made at year end, to be utilized for the next year. |
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It was moved and seconded |
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That the report on Financial Information for the Richmond Olympic Oval Corporation for the first quarter ended March 31, 2016 from the Controller of the Richmond Olympic Oval Corporation be received for information. |
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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 (4:29 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, June 6, 2016. |
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Mayor Malcolm D. Brodie |
Amanda Welby |