February 1, 2021 - Agenda

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ITEM

MINUTES

FIN-3
FIN-6

Motion to adopt the minutes of the meeting of the Finance Committee held on January 5, 2021 and the minutes of the Special Finance Committee meeting held on January 18, 2021.

FINANCE AND CORPORATE SERVICES DIVISION

1.

2021 Proposed Capital Budget 
(File Ref. No. 03-0970-25-2021-01) (REDMS No. 6466387)

FIN-11

See Page FIN-11 for full report

Designated Speakers:  Jerry Chong & Ivy Wong

STAFF RECOMMENDATION

(1)

That the 2021 Proposed Capital Budget as presented in Appendix 3 totalling $99,832,779 be approved; and

(2)

That the 2021 Proposed Capital Budget as approved be included in the Consolidated 5 Year Financial Plan (2021-2025).

2.

2021 One-Time Expenditures 
(File Ref. No. 03-0970-25-2021-01) (REDMS No. 6468494)

FIN-165

See Page FIN-165 for full report

Designated Speakers:  Jerry Chong & Ivy Wong

STAFF RECOMMENDATION

That the one-time expenditures totalling $1,081,269 as outlined in Attachment 1 of the 2021 One-Time Expenditures staff report, be approved with funding from the Rate Stabilization Account and included in the Consolidated 5 Year Financial Plan (2021-2025).

ADJOURNMENT