May 3, 2021 - Minutes
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Finance Committee
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Date: |
Monday, May 3, 2021 |
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Place: |
Council Chambers |
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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 4:53 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 Finance Committee held on April 6, 2021, be adopted as circulated. |
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CARRIED |
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DELEGATION |
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1. |
C.J. James, Engagement Partner, KPMG LLP, and Aanu Adeleye, Senior Manager, KPMG LLP, thanked City staff for their cooperation in completing the audits. |
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FINANCE AND CORPORATE SERVICES DIVISION |
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2. |
2020 Consolidated Financial Statements |
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It was moved and seconded |
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(1) |
That the staff report titled, “2020 Consolidated Financial Statements”, dated April 16, 2021 from the Acting Director, Finance be received for information; and |
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(2) |
That the 2020 City of Richmond Consolidated Financial Statements as presented in Attachment 2 be approved. |
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CARRIED |
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RICHMOND PUBLIC LIBRARY |
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3. |
2020 Financial Statements for the Richmond Public Library |
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It was moved and seconded |
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That the 2020 Richmond Public Library audited financial statements for the year ended December 31, 2020, as presented in the attached report from the Chief Librarian, be received for information. |
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CARRIED |
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LULU ISLAND ENERGY COMPANY |
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4. |
2020 Financial Statements for the Lulu Island Energy Company |
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It was moved and seconded |
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That the Lulu Island Energy Company report titled “2020 Financial Statements for the Lulu Island Energy Company”, dated March 8, 2021, from the Chief Financial Officer, be received for information. |
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CARRIED |
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RICHMOND OLYMPIC OVAL CORPORATION |
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5. |
Richmond Olympic Oval Corporation 2020 Audited Financial STATEMENTS |
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It was moved and seconded |
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That the report on the 2020 Audited Financial Statements for the Richmond Olympic Oval Corporation from the Acting Chief Financial Officer and Interim Senior Manager, Finance & Administration, Richmond Olympic Oval Corporation 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 (4:55 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 Monday, May 3, 2021. |
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Mayor Malcolm D. Brodie |
Sarah Goddard |