June 4, 2018 - Minutes

Date:

Monday, June 4, 2018

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

Absent:

Councillor Linda McPhail
Councillor Harold Steves

Call to Order:

The Chair called the meeting to order at 4:16 p.m.

MINUTES

It was moved and seconded

That the minutes of the meeting of the Finance Committee held on May 7, 2018, be adopted as circulated.

CARRIED

FINANCE AND CORPORATE SERVICES DIVISION

1.

2017 Annual Report and 2017 Annual Report – Highlights
(File Ref. No.) (REDMS No. 5831853)

It was moved and seconded

That the reports titled, “2017 Annual Report” and the “2017 Annual Report – Highlights” be approved.

CARRIED

2.

Financial Information – 1^st Quarter March 31, 2018
(File Ref. No. 03-0970-09-01) (REDMS No. 5811673 v. 4)

It was moved and seconded

That the staff report titled, “Financial Information – 1st Quarter March 31, 2018”, dated May 11, 2018 from the Director, Finance be received for information.

CARRIED

3.

Capital Budget Information – 1^st Quarter March 31, 2018
(File Ref. No. 03-0970-01) (REDMS No. 5802367 v. 7)

It was moved and seconded

That the staff report titled, “Capital Budget Information – 1st Quarter March 31, 2018”, dated May 15, 2018 from the Director, Finance be received for information.

CARRIED

RICHMOND OLYMPIC OVAL CORPORATION

4.

1^st Quarter 2018 – Financial Information for the Richmond Olympic Oval
(File Ref. No.) (REDMS No. 5850947)

It was moved and seconded

That the report on Financial Information for the Richmond Olympic Oval Corporation for the first quarter ended March 31, 2018 from the Controller of the Richmond Olympic Oval Corporation be received for information.

CARRIED

LULU ISLAND ENERGY COMPANY

5.

Lulu Island Energy Company – 1st Quarter 2018 Financial Information
(File Ref. No. 10-6600-10-01) (REDMS No. 5848791 v. 3)

It was moved and seconded

That the Lulu Island Energy Company report titled “Lulu Island Energy Company – 1st Quarter 2018 Financial Information” dated May 22, 2018 from the Chief Executive Officer and Chief Financial Officer, Lulu Island Energy Company be received for information.

CARRIED

ADJOURNMENT

It was moved and seconded

That the meeting adjourn (4:17 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, June 4, 2018.

_________________________________

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Mayor Malcolm D. Brodie
Chair

Amanda Welby
Legislative Services Coordinator