June 2, 2025 - Agenda


City of Richmond Meeting Agenda

 

Finance Committee

Electronic Meeting

 

Anderson Room, City Hall
6911 No. 3 Road

Monday, June 2, 2025
immediately following the General Purposes Committee meeting

 

 

Pg. #

ITEM

 

 

 

 

MINUTES

 

FIN-4

 

Motion to adopt the minutes of the meeting of the Finance Committee held on May 5, 2025.

 

 

 

 

 

FINANCE AND CORPORATE SERVICES DIVISION

 

 

1.

Financial Information - 1st Quarter March 31, 2025

(File Ref. No. 03-0905-01) (REDMS No. 8031664)

FIN-7

 

See Page FIN-7 for full report

 

 

Designated Speaker:  Cindy Gilfillan

 

 

STAFF RECOMMENDATION

 

 

That the staff report titled, “Financial Information – 1st Quarter March 31, 2025”, dated May 2, 2025 from the Director, Finance, be received for information.

 

 

 

 

 

 

2.

2024 Annual Report and 2024 Annual Report Highlights

(File Ref. No. 01-0375-01) (REDMS No. 8049162)

FIN-32

 

See Page FIN-32 for full report

 

 

Designated Speaker:  Cindy Gilfillan

 

 

STAFF RECOMMENDATION

 

 

That the reports titled, “2024 Annual Report” and “2024 Annual Report – Highlights” be approved and posted on the City’s website.

 

 

 

 

 

3.

Active Capital Projects Financial Update – 1st Quarter March 31, 2025

(File Ref. No. 03-0975-01) (REDMS No. 8037659)

FIN-140

 

See Page FIN-140 for full report

 

 

Designated Speaker:  Jenny Ho

 

 

STAFF RECOMMENDATION

 

 

That the staff report titled, “Active Capital Projects Financial Update – 1st Quarter March 31, 2025”, dated May 5, 2025 from the Director, Finance, be received for information.

 

 

 

 

 

 

LULU ISLAND ENERGY CORPORATION

 

 

4.

Lulu Island Energy Company – 2025 1st Quarter Financial Information

(File Ref. No. 03-0950-01) (REDMS No. 8053390)

FIN-156

 

See Page FIN-156 for full report

 

 

Designated Speakers:  Alen Postolka & Helen Zhao

 

 

STAFF RECOMMENDATION

 

 

That the Lulu Island Energy Company report titled “Lulu Island Energy Company – 2025 1st Quarter Financial Information”, dated April 21, 2025, from the Chief Executive Officer and Chief Financial Officer, be received for information.

 

 

 

 

 

 

RICHMOND OLYMPIC OVAL CORPORATION

 

 

5.

Richmond Olympic Oval Corporation – 1st Quarter 2025 Financial Information

(File Ref. No. 03-1200-09) (REDMS No. 8060031)

FIN-166

 

See Page FIN-166 for full report

 

 

Designated Speaker:  Rick Dusanj

 

 

STAFF RECOMMENDATION

 

 

That the Richmond Olympic Oval Corporation – 1st Quarter 2025 Financial Information report from the Director, Finance, Innovation & Technology, Richmond Olympic Oval Corporation be received for information.

 

 

 

 

 

 

ADJOURNMENT