March 6, 2023 - Minutes
Finance Committee
Date: |
Monday, March 6, 2023 |
Place: |
Council Chambers |
Present: |
Mayor Malcolm D. Brodie, Chair
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Call to Order: |
The Chair called the meeting to order at 5:36 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 February 6, 2023, be adopted as circulated. |
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CARRIED |
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FINANCE AND CORPORATE SERVICES DIVISION |
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1. |
PROPOSED AMENDMENT TO THE DEVELOPMENT COST CHARGES IMPOSITION BYLAW (File Ref. No. 03-0900-01) (REDMS No. 7099422) |
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It was moved and seconded |
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That Development Cost Charges Imposition Bylaw No. 9499, Amendment Bylaw No. 10436 be introduced and given first, second and third readings. |
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The question on the motion was not called as in response to queries from Committee, staff noted that (i) the increase would be quite substantial if payed through the taxes, (ii) once Council approves the bylaw it goes to the Province and will come back in a couple of months for adoption, (iii) there will be a one-year interim before the new rates are in effect, (iv) the public consultation has taken place and all stakeholders have been advised of the changes, (v) the referral is in relation to demolished buildings as the assumption is that the Development Cost Charge (DCC) has already been paid, (vi) a study is currently underway in relation to the feasibility of DCC waivers, (vii) DCC’s approved for specific uses such as for sewers, dikes, roads and sanitary, |
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The question on the motion was then called and it was CARRIED with Cllr. Loo opposed. |
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2. |
2022 ANNUAL PROCUREMENT REPORT (File Ref. No. 02-0745-01) (REDMS No. 7056814) |
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It was moved and seconded |
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That the staff report titled, “2022 Annual Procurement Report”, dated February 7, 2023 from the Director of Finance, 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 (5:57 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, March 6, 2023. |
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_________________________________ |
Mayor Malcolm D. Brodie |
Sarah Goddard |