May 6, 2019 - Agenda

Pg. #

ITEM

MINUTES

FIN-4

Motion to adopt the minutes of the meeting of the Special Finance Committee held on April 15, 2019.

DELEGATION

FIN-6

1.

C.J. James, Engagement Partner, KPMG LLP, and Asifa Hirji, Senior Manager, KPMG LLP, to present the 2018 Audit findings on the City’s financial statements.

RICHMOND OLYMPIC OVAL CORPORATION

2.

Richmond Olympic Oval Corporation – 2018 Audited Financial Statements 
(File Ref. No.) (REDMS No. 6172799)

FIN-29

See Page FIN-29 for full report

Designated Speaker:  Rick Dusanj

STAFF RECOMMENDATION

That the report on the 2018 audited Financial Statements for the Richmond Olympic Oval Corporation from the Controller of the Richmond Olympic Oval Corporation be received for information.

3.

Richmond Olympic Oval Corporation – 2019 Annual Operating and Capital Budgets 
(File Ref. No.) (REDMS No. 6097633)

FIN-51

See Page FIN-51 for full report

Designated Speaker:  Rick Dusanj

STAFF RECOMMENDATION

That the report on the 2019 Annual Operating and Capital budgets for the Richmond Olympic Oval Corporation from the Controller of the Richmond Olympic Oval Corporation be received for information.

LULU ISLAND ENERGY COMPANY

4.

2018 Financial Statements for the Lulu Island Energy Company 
(File Ref. No. 10-6600-10-01) (REDMS No. 6166416)

FIN-56

See Page FIN-56 for full report

Designated Speakers:  John Irving and Jerry Chong

STAFF RECOMMENDATION

That the Lulu Island Energy Company report titled “2018 Financial Statements for the Lulu Island Energy Company” dated April 18, 2019 from the Chief Executive Officer and Chief Financial Officer, be received for information.

RICHMOND PUBLIC LIBRARY

5.

2018 Financial Statements for the Richmond Public Library 
(File Ref. No. 03-0905-01) (REDMS No. 6168884)

FIN-92

See Page FIN-92 for full report

Designated Speaker:  Susan Walters

STAFF RECOMMENDATION

That the 2018 Richmond Public Library audited financial statements for the year ended December 31, 2018, as presented in the attached report from the Chief Librarian, be received for information.

FINANCE AND CORPORATE SERVICES DIVISION

6.

2018 Consolidated Financial Statements 
(File Ref. No. 03-09-05-01) (REDMS No. 6168681 v. 2; 6143862; 6168895; 6172261)

FIN-114

See Page FIN-114 for full report

Designated Speaker:  Andrew Nazareth

STAFF RECOMMENDATION

That the City’s audited consolidated financial statements for the year ended December 31, 2018 be accepted.

ADJOURNMENT