Taken from the roll call in the town’s own minutes. The minutes record who was not there and almost never why.
What was decided (7 motions)
7 carried, 0 recorded otherwise. Every motion below is printed as the minutes print it.
Committee Recommendations: THAT the report titled, “Draft Surplus and Deficit Policy and Funding Unfinanced Liability” (FIN22-037), dated September 20, 2022, be received; THAT the Draft Surplus and Deficit Policy be adopted; AND THAT Council authorize the use of the Tax Stabilization Reserve to clear the unfunded liability relating to the 2018 Transit Terminal project in the amount of $225,497.44.
Moved by Councillor Clifford, seconded by Councillor Bunting
Carried
Committee Recommendation: THAT the report titled, “Reserve and Reserve Fund Policy Update” (FIN22-038), be received; THAT the amended Reserve and Reserve Fund Policy, attached to Report (FIN22-038) as Attachment 1, be adopted; A vibrant city, leading the way in community-driven excellence. Finance and Labour Relations Committee Minutes 4 October 11, 2022 AND THAT Council authorizes the changes to add, consolidate, close, and establish the reserves and reserve funds as noted in Report FIN22-038.
Moved by Councillor Ingram, seconded by Councillor Burbach
Carried
Committee Recommendation: THAT the Stratford Economic Enterprise Development Corporation (SEEDCo./investStratford) Update Q2 to June 30, 2022, dated September 20, 2022, be received for information.
Moved by Councillor Ritsma, seconded by Councillor Clifford
Carried
Committee Recommendation: THAT the Destination Stratford 2022 Q3 Update dated September 20, 2022 be received for information.
Moved by Councillor Bunting, seconded by Councillor Burbach
Carried
Committee Recommendations: THAT the Festival Hydro Inc. financial statements and commentary for the period ending June 30, 2022, be received for information; AND THAT the Festival Hydro Services Inc. financial statements and commentary for the period ending June 30, 2022, be received for information.
Moved by Councillor Clifford, seconded by Councillor Bunting
Carried
Committee Recommendation: THAT the Q2 Operating Variance Report at June 30, 2022 be received for information.
Moved by Councillor Vassilakos, seconded by Councillor Beatty
Carried
Committee Decision: THAT the Finance and Labour Relations Committee meeting adjourn.
Moved by Councillor Clifford, seconded by Councillor Ingram