June 2, 2025 - Minutes
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Finance Committee
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Date: |
Monday, June 2, 2025 |
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Place: |
Anderson Room |
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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 5:27 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 May 5, 2025, be adopted as circulated. |
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CARRIED |
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1. |
Financial Information - 1st Quarter March 31, 2025 (File Ref. No. 03-0905-01) (REDMS No. 8031664) |
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It was moved and seconded |
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That the staff report titled, “Financial Information – 1st Quarter March 31, 2025”, dated May 2, 2025 from the Director, Finance, be received for information. |
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CARRIED |
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2. |
2024 Annual Report and 2024 Annual Report Highlights (File Ref. No. 01-0375-01) (REDMS No. 8049162) |
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It was moved and seconded |
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That the reports titled, “2024 Annual Report” and “2024 Annual Report – Highlights” be approved and posted on the City’s website. |
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CARRIED |
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3. |
Active Capital Projects Financial Update – 1st Quarter March 31, 2025 (File Ref. No. 03-0975-01) (REDMS No. 8037659) |
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It was moved and seconded |
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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. |
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CARRIED |
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LULU ISLAND ENERGY COMPANY |
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4. |
Lulu Island Energy Company – 2025 1st Quarter Financial Information (File Ref. No. 03-0950-01) (REDMS No. 8053390) |
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It was moved and seconded |
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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. |
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CARRIED |
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RICHMOND OLYMPIC OVAL CORPORATION |
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5. |
Richmond Olympic Oval Corporation – 1st Quarter 2025 Financial Information (File Ref. No. 03-1200-09) (REDMS No. 8060031) |
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It was moved and seconded |
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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. |
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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 (5:28 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, June 2, 2025. |
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Mayor Malcolm D. Brodie |
Sarah Goddard |