The Stratford Record

Finance and Labour Relations Committee

April 14, 2025

Who was there

Present (9): Brad Beatty, Lesley Biehn, Jo-Dee Burbach, Bonnie Henderson, Mark Hunter, Larry McCabe, Harjinder Nijjar, Martin Ritsma, Geza Wordofa

Absent (2): Taylor Briscoe, Cody Sebben

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 (5 motions)

5 carried, 0 recorded otherwise. Every motion below is printed as the minutes print it.

Committee Recommendation: THAT the report titled, “Municipal Debt Updates and Limits” (FIN25-007), be received; THAT Council authorize long-term borrowing for Britannia II in an amount not to exceed $4,550,000; AND THAT staff be authorized to proceed with finalizing the applicable documentation and rate negotiation with RBC and preparing any required by-laws to be brought to a subsequent meeting for Council approval.
Moved by Councillor Henderson, seconded by Councillor Nijjar
Carried
Committee Recommendation: THAT the report titled, “2024 Cash Holdings and Investment Performance” (FIN25-008), be received for information.
Moved by Councillor Beatty, seconded by Councillor McCabe
Carried
Committee Recommendation: THAT the following 2024 Annual Reports from Committees of Council be received for information:  Active Transportation Advisory Committee,  Heritage Stratford Committee,  Accessibility Advisory Committee,  Stratfords of the World Committee, and  Communities in Bloom Committee.
Moved by Councillor Burbach, seconded by Councillor Nijjar
Carried
Sub-committee Recommendation: THAT the report titled, “Securities Policy” (FIN25-010), be received for information.
Moved by Councillor Nijjar, seconded by Councillor McCabe
Carried
Committee Decision: THAT the Finance and Labour Relations Committee meeting adjourn.
Moved by Councillor McCabe, seconded by Councillor Beatty
Carried

The town’s own record

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