2.1 Minutes
FC15/119
Moved, seconded, and CARRIED
THAT the minutes of the Finance Committee meeting held Tuesday, September 15, 2015 be adopted.
Staff provided an overview of the 2016-2020 Utilities Financial Plan Draft. The following key points were discussed: single family dwelling annual rates comparison, utility budget drivers, internal administration charge shifts, Capital Water Reserve transfers, Metro Vancouver charges, options for potential reduction in the overall budget increase, and next steps.
FC15/120
Moved and seconded
THAT the 2016-2020 Utilities Financial Plan as outlined in the report dated September 8, 2015 from Financial Services Department be forwarded to Council for approval with revised Metro Vancouver charges incorporated once available.
FC15/121
Moved, seconded, and CARRIED
THAT the foregoing motion be amended by adding
“AND THAT the base transfer to the Recycling Waste Management Reserve be reduced by $25,000.”
The question on the main motion as amended was put to a vote; the motion was CARRIED.
The representatives from Metro Vancouver entered the meeting at this point, and the agenda order was resumed.
4.3 Non-Linear Water Infrastructure Assessment
Presentation: Engineering and Parks Services Department
Report: Engineering and Parks Services, dated September 1, 2015 / File: 11-5600-00/Vol 01
Staff provided an overview of the Non-Linear Water Infrastructure Assessment report, and responded to questions from the Committee regarding the backlog of work that needs to be completed, work that has been completed to date, and the adequacy of reserve funding.
FC15/122
Moved, seconded, and CARRIED
THAT the report dated September 1, 2015 from Engineering and Parks Services Department regarding Non-Linear Water Infrastructure Assessment be received for information.
4.4 Public Consultation Activities for Budget 2016
Report: Financial Services Department, dated September 23, 2015 / File: 05-1700-03
Staff provided an overview of the report from Financial Services Department regarding Public Consultation Activities for Budget 2016, and responded to questions on the budget process and potential public consultation activities.
FC15/123
Moved, seconded, and CARRIED
THAT staff proceed with the three-pronged budget consultation process as outlined in the report dated September 23, 2015 from Financial Services Department regarding Public Consultation Activities for Budget 2016;
AND THAT staff proceed with developing the public information and consultation material as recommended in the report dated September 23, 2015 from Financial Services Department regarding Public Consultation Activities for Budget 2016.
4.5 Enhancements for Soliciting Nominations and Presenting the City’s Civic Awards
Referred from Closed Council July 28, 2015
Memo: Financial Services Department, dated september 30, 2015 / File: 19-1490-01
FC15/124
Moved, seconded, and CARRIED
THAT staff be authorized to allocate funds from the Council Contingency budget in the total amount of $2,700 to fund an enhanced call for nominations for Civic Awards.
4.6 Canada 150 Celebration
Referred from Closed Council July 28, 2015
Memo: Financial Services Department, dated September 30, 2015 / File: 18-7715-01
FC15/125
Moved, seconded, and CARRIED
THAT staff be authorized to allocate funds from the Council Strategic Priorities Reserve budget in the total amount of up to a maximum of $100,000 to fund a July 1, 2017 event to celebrate Canada’s 150th Birthday