Loading...
HomeMy WebLinkAboutAFC 2015-11-30 Minutes.pdf) City of Maple Ridge Audit & Finance Committee Meeting Minutes November 30, 2015 The Minutes of the Audit and Finance Committee Meeting held in the Blaney Room of the Municipal Hall, 11995 Haney Place, Maple Ridge, BC on Monday, November 30, 2015 at 12:30 p.m. PRESENT Committee Members Councillor Masse, Chair Mayor Read Councillor Bell Councillor Shymkiw Guests Councillor Duncan Councillor Speirs Councillor Robson Municipal Staff T. Swabey, Chief Administrative Officer P. Gill, General Manager, Corporate & Financial Services F. Quinn, General Manager of Public Works and Development K. Swift, General Manager of Community Development, Parks and Recreation Services C. Nolan, Manager of Accounting T. Thompson, Manager of Financial Planning L. Benson, Manager of Sustainability and Corporate Planning The meeting was called to order at 12:35 p.m. 1. Approval of agenda MOVED by Councillor Bell and SECONDED by Mayor Read that the agenda be approved as submitted. CARRIED 2. Approval of minutes of July 9, 2015 MOVED by Mayor Read and SECONDED by Councillor Bell that the minutes of July 9, 2015 be approved. CARRIED 3. Introduction to Financial Overview Report The General Manager of Corporate and Financial Services reviewed the Financial Overview Report. He also introduced a funding strategy for consideration that would provide for an investment of $110 million in Parks & Recreation infrastructure. Note: The meeting recessed at 2:19 p.m. and reconvened at 2:52 p.m. = Audit & Finance Committee Meeting Minutes November 30, 2015 Page 2 4. Investment Summary The Manager of Financial Planning reviewed the report 5. Fiscal Impact Analysis Model The Manager of Sustainability and Corporate Planning provided an example of how the draft Fiscal Impact Analysis Model would apply to a current development. The Committee provided input to the model and discussed its future application. Adjournment -3:4 7 p.m. B.Masse~?~