November 1, 2021 - Agenda

Pg. #

ITEM

MINUTES

FIN-3

Motion to adopt the minutes of the meeting of the Finance Committee held on October 4, 2021.

FINANCE AND CORPORATE SERVICES DIVISION

1.

2022 District Energy Utility Rates 
(File Ref. No. 01-0060-20-LIEC1) (REDMS No. 6714877)

FIN-8

See Page FIN-8 for full report

Designated Speaker:  Alen Postlka

STAFF RECOMMENDATION

(1)

That the Alexandra District Energy Utility Bylaw No. 8641, Amendment Bylaw No. 10289 be introduced and given first, second and third readings;

(2)

That the Oval Village District Energy Utility Bylaw No. 9134, Amendment Bylaw No.10290 be introduced and given first, second and third readings; and

(3)

That the City Centre District Energy Utility Bylaw No. 9895, Amendment Bylaw No. 10291 be introduced and given first, second and third readings.

2.

2022 Utility Budgets and Rates 
(File Ref. No. 03-0970-01) (REDMS No. 6755531)

FIN-26

See Page FIN-26 for full report

Designated Speakers:  Jason Ho, Mike Ching and Suzanne Bycraft

STAFF RECOMMENDATION

(1)

That the 2022 utility budgets, as presented in Option 2 for Water (page 6) including Option B for universal multi-family water metering, Option 3 for Sewer (page 14), Option 2 for Drainage and Diking (page 22), and Option 3 for Solid Waste and Recycling (page 24), as outlined in the staff report titled, “2022 Utility Budgets and Rates”, dated October 22, 2021, from the General Manager, Engineering and Public Works and the Acting General Manager, Finance and Corporate Services, be approved as the basis for establishing the 2022 utility rates and included in the Consolidated 5 Year Financial Plan (2022-2026) Bylaw; and

(2)

That the General Manager, Engineering and Public Works be authorized to negotiate and execute on behalf of the City, the Municipal Recycling Depot Services Agreement with the Greater Vancouver Sewerage and Drainage District, as outlined in the staff report titled, “2022 Utility Budgets and Rates”, dated October 22, 2021, from the General Manager, Engineering and Public Works and the Acting General Manager, Finance and Corporate Services.

ADJOURNMENT