September 3, 2019 - Minutes
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Finance Committee
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Date: |
Tuesday, September 3, 2019 |
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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 5:11 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 21, 2019, be adopted as circulated. |
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CARRIED |
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FINANCE AND CORPORATE SERVICES DIVISION |
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1. |
Financial Information – 2nd Quarter June 30, 2019 |
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Discussion ensued with regard to revenue received from gaming and business license permits. |
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It was moved and seconded |
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That the staff report titled, “Financial Information – 2nd Quarter June 30, 2019”, dated August 2, 2019 from the Director, Finance be received for information. |
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CARRIED |
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2. |
Active Capital Projects Information - 2nd Quarter June 30, 2019 |
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It was moved and seconded |
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That the staff report titled, “Active Capital Projects Information - 2nd Quarter June 30, 2019”, dated August 2, 2019 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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3. |
Richmond Olympic Oval Corporation - 2nd Quarter 2019 Financial Information |
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In reply to queries from Committee, staff noted that the Richmond Olympic Oval Corporation is responsible for the annual maintenance program and minor replacement projects. |
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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 second quarter period of April 1, 2019 to June 30, 2019 from the Controller of the Richmond Olympic Oval Corporation be received for information. |
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CARRIED |
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LULU ISLAND ENERGY COMPANY |
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4. |
Lulu Island Energy Company – 2nd Quarter Financial Information |
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It was moved and seconded |
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That the Lulu Island Energy Company report titled “Lulu Island Energy Company – 2nd Quarter Financial Information” dated July 31, 2019 from the Chief Financial Officer, Lulu Island Energy Company 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 (5:18 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 Tuesday, September 3, 2019. |
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Mayor Malcolm D. Brodie |
Evangel Biason |