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Mar 6,2018 Finance Committee

Finance Committee
 
Agenda             Minutes
 
2.1 Minutes
 
FC18/020
Moved, seconded, and CARRIED
THAT the minutes of the Finance Committee meeting held on Tuesday, February 6, 2018 be adopted.

 
4.1 Funding Source for City Provision of Local Transit Service
Memo: Finance and Technology Department íV Financial Services Division, dated February 23, 2018
File: 11-5330-01/Vol 01
 
FC18/021
Moved, seconded, and CARRIED
THAT the funding of up to $50,000 approved for the City Provision of Local Transit Service be funded from the Gas Tax Reserve as recommended in the memo dated February 23, 2018 from Finance and Technology Department Financial Services Division regarding Funding Source for City Provision of Local Transit Service.

 
4.2 Funding Source for Citizen Advisory Group - Affordable Housing Policy Workshop
Memo: Finance and Technology Department íV Financial Services Division, dated February 23, 2018
File: 01-0530-01
 
FC18/022
Moved, seconded, and CARRIED
THAT the funding of up to $3,250 approved for the Citizen Advisory Group workshop on Affordable Housing be funded from Council Contingency as recommended in the memo
dated February 23, 2018 from Finance and Technology Department íV Financial Services Division regarding Funding Source for Citizen Advisory Group íV Affordable Housing Policy Workshop.
(Voting against: Councillors Dilworth, Junker, and Royer)

 
4.3 2017 Budget Carry Forwards
Memo: Port Moody Police Board, dated February 7, 2018
File: 01-0360-20-20
 
FC18/023
Moved, seconded, and CARRIED
THAT the 2017 Police Budget Carry Forwards in the amount of $41,188 be approved as recommended in the memo dated February 7, 2018 from Port Moody Police Board regarding 2017 Budget Carry Forwards.

 
4.4 2017 Projected Surplus Funding Requests
Memo: Port Moody Police Board, dated February 7, 2018
File: 01-0360-20-20

 
FC18/024
Moved, seconded, and CARRIED
THAT the projected 2017 Police Budget Surplus be approved to fund a new position for a half year in the amount of $61,389 as recommended in the memo dated February 7, 2018 from Port Moody Police Board regarding 2017 Projected Surplus Funding Requests;
AND THAT the projected 2017 Police Budget Surplus be approved to fund the Organizational Development Reserve in the amount of $180,000.
 
4.5 Public Consultation Results for the 2018 Financial Plan
Report: Finance and Technology Department íV Financial Services Division, dated February 21, 2018
File: 05-1700-03-08/2018
 
 
Staff gave a presentation on the 2018 Financial Plan public consultation results and proposed changes to the draft 2018-2022 Financial Plan.
 
FC18/025
Moved, seconded, and CARRIED
THAT the report dated February 21, 2018 from Finance and Technology Department íV Financial Services Division regarding Public Consultation Results for the 2018 Financial Plan be received for information.
 
FC18/026
Moved, seconded, and CARRIED
THAT staff develop a public consultation plan to gauge residentsíŽ opinions on options for implementing pay parking.

 
FC18/027
Moved, seconded, and CARRIED
THAT Information Services Positions Funded from Capital Budget be added to the agenda of the March 6, 2018 Regular Finance Committee meeting as item 4.6. Information Services Positions Funded from Capital Budget
 
File: 04-1355-01
 
 

Staff circulated an on-table memo dated March 6, 2018 from Raman Braich íV Manager of Information Services regarding Information Services Positions Funded from Capital Budget for information only.
 
6. Recess to Closed Meeting
6.1 Resolution to Exclude Public
 
FC18/028
Moved, seconded, and CARRIED
THAT, pursuant to section 90 of the Community Charter, this portion of the Regular Meeting of the Finance Committee be closed to the public as the subject matters being considered relate to the following:
äh 90(1)(b) íV personal information about an identifiable individual who is being considered for a municipal award or honour, or who has offered to provide a gift to the municipality on condition of anonymity; and
äh 90(1)(k) íV negotiations and related discussions respecting the proposed provision of a municipal service that are at their preliminary stages and that, in the view of the council, could reasonably be expected to harm the interests of the municipality if they were held in public.
(Voting against: Councillor Vagramov)

 
6.2 Adoption of Closed Minutes
Minutes of the Closed Finance Committee meeting held on Tuesday, January 16, 2018.
6.3 Funding for Facility Naming
Closed to the public pursuant to section 90(1)(b) of the Community Charter.
 
6.4 Funding for Proposed Provision of a Service
Closed to the public pursuant to section 90(1)(k) of the Community Charter.
7. Resumption of Regular Meeting
 
8. Adjournment
Councillor Lahti adjourned the meeting at 7:04pm
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