Nov 6,2007 Finance

Agenda      Minutes
4.1 Sole Sourcing , Fitness Equipment
Moved, seconded and CARRIED
THAT the cardio and strength training fitness equipment for the recreation complex be purchased through Technogym.
THAT the budget for the fitness centre be increased by $51,900 funded from the Infrastructure Asset Renewal Reserve, with annual repayment to the reserve from fitness revenues over a 10 year period.
Voting against: Councillor M. Clay.
4.2 2008 Financial Plan, Public Open House
Moved , seconded and CARRIED
THAT a budget overview and committee orientation meeting be held for all committees in January 2008 in lieu of the first committee meetings;
AND THAT staff report back with an action plan.
4.3 2008 Operating Budget
4.4 2008 Capital Budget
5.1 2008 Utilities Rates
Moved, seconded and CARRIED.
THAT the 2008-2012 Utilities Financial Plan Report from the Finance & IT Department dated October 31, 2007 be received;
AND THAT the 2008 utility rates outlined in the report be approved and included in the Fees Bylaw.
5.2 Cost Leadership Suggestions
5.3 2007 Budget Recast
Moved, seconded and CARRIED
THAT the 2007 Recast Report received from the Deputy Director of Finance & IT be received for information.
5.4 Lamp Standard Wire Theft