HomeMy WebLinkAboutAFC 2017-07-18 Minutes.pdf)
City of Maple Ridge
Audit & Finance Committee Meeting Minutes
July 18, 2017
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, July 18, 2017 at 5:00
p.m.
PRESENT
Committee Members
Councillor Masse, Chair
Councillor Bell
Councillor Duncan
Councillor Robson
Councillor Shymkiw
Councillor Speirs
Attending via phone
Mayor Read
Municipal Staff
F. Quinn, Acting Chief Administrative Officer/General Manager
Public Works & Development Services
P. Gill, General Manager Corporate & Financial Services
K. Swift, General Manager Parks, Recreation & Culture
C. Nolan, Manager of Accounting
CK Lee, Acting Manager of Financial Planning/Finance Analyst
Guests
Ron Wallsmith
Graham Plant
Clive Williams
Vikki Kipps
Stuart Mont
Community Services Board of Directors
Consultant CPA Development
Community Services Board of Directors
Community Services Executive Director
Community Services Director of Finance
The meeting was called to order at 5:00 p.m.
1. Approval of the Agenda
It was moved and seconded
That the agenda for the July 18, 2017 Audit & Finance Committee meeting be
approved as circulated.
CARRIED
2. Approval of minutes of May 29, 2017
It was moved and seconded
That the minutes of the Audit & Finance Committee of May 29, 2017 be adopted
as circulated.
CARRIED
Audit & Finance Committee Meeting Minutes
July 18, 2017
Page 2
3. Community Services Development Proposal
Staff report dated July 18, 2017 recommending that staff be directed to develop a
program to provide assistance to the Community Services Council project following
the framework of the recently expired Town Centre Incentive Plan.
Mr. Gill introduced the staff report and reviewed information that was presented at
the May 29 Audit & Finance Committee meeting. Representatives from the
Community Services Council spoke to their development proposal and some of the
related costs.
It was moved and seconded
That the staff recommendation be amended to provide assistance to the
Community Services Council project by changing the framework of the recently
expired Town Centre Incentive Plan to increase the exemption on DCC's from 10%
to 20% and to increase the time frame for tax exemptions from 3 years to 5 years.
WITHDRAWN
It was moved and seconded
That staff be directed to develop a program to provide assistance to the Community
Services Council project following the framework of the recently expired Town
Centre Incentive Plan.
CARRIED
4. Facilities Funding Model
Staff report dated July 18, 2017 recommending that the Financial Plan be amended
to include capital projects, operating costs and associated funding as outlined in the
report titled "Funding Model for Council endorsed Parks and Recreation Facilities
and that a separate Loan Authorization Bylaw be prepared for each project.
It was moved and seconded
That the Financial Plan be amended to include the capital projects, operating costs
and associated funding, as outlined in the report "Funding Model for Council
endorsed Parks and Recreation Facilities" dated July 18, 2017, and brought
forward for Council's consideration; and further
That a separate Loan Authorization Bylaw be prepared for each project and brought
forward for Council's consideration.
CARRIED
5. Adjournment -6:05