March 5, 2018 - Agenda

Pg. #

ITEM

MINUTES

FIN-4

Motion to adopt the minutes of the meeting of the Finance Committee held on February 5, 2018.

FINANCE AND CORPORATE SERVICES DIVISION

1.

2017 Investment Report
(File Ref. No. 03-0900-01) (REDMS No. 5741266)

FIN-7

See Page FIN-7 for full report

Designated Speaker:  Venus Ngan

STAFF RECOMMENDATION

That the report titled 2017 Investment Report dated February 7, 2018 from the Director, Finance be received for information.

2.

Revenue Anticipation Borrowing (2018) Bylaw No. 9831
(File Ref. No. 03-0900-01) (REDMS No. 5727142 v.3)

FIN-13

See Page FIN-13 for full report

Designated Speaker:  Venus Ngan

STAFF RECOMMENDATION

That the Revenue Anticipation Borrowing (2018) Bylaw No. 9831 be introduced and given first, second and third readings.

3.

Online Credit Card Tax and Utility Payments (1-Year Statistics)
(File Ref. No. 03-0900-01) (REDMS No. 5369161)

FIN-17

See Page FIN-17 for full report

Designated Speaker:  Venus Ngan

STAFF RECOMMENDATION

That the report titled Online Credit Card Tax and Utility Payments (1-Year Statistics) dated February 5, 2018 from the Director, Finance be received for information.

COMMUNITY SERVICES DIVISION

4.

Garden City Lands Project Tipping Fees Revenues
(File Ref. No. 06-2345-20-GCIT1) (REDMS No. 5749602 v.9)

FIN-20

See Page FIN-20 for full report

Designated Speaker:  Alex Kurnicki

STAFF RECOMMENDATION

(1)

That the General Manager, Community Services be authorized to enter into deposit agreements with private contractors for placement of soil on the Garden City Lands required for the development of the Garden City Lands, as detailed in the staff report titled “Garden City Lands Project Tipping Fees Revenues,” dated February 19, 2018; and

(2)

That all net revenues generated through tipping fees at or on the Garden City Lands be reinvested into the Garden City Lands to offset any future project related costs, as detailed in the staff report titled “Garden City Lands Project Tipping Fees Revenues,” dated February 19, 2018, from the General Manager, Community Services.

ADJOURNMENT