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 (9 motions)
9 carried, 0 recorded otherwise. Every motion below is printed as the minutes print it.
Resolved that the August 22, 2024 Finance Committee agenda be approved, as amended.
Moved by Councillor D. Howe, seconded by Councillor L. Vardy
Carried
Resolved that item 7.1 from the Grimsby Economic Development Advisory Committee minutes of July 4, 2024 be lifted for separate consideration.
Moved by Councillor J. Korstanje, seconded by Councillor L. Vardy
Carried
Resolved that the following minutes be received: Finance Committee - June 27, 2024 Grimsby Economic Development Advisory Committee - July 4, 2024
Moved by Councillor J. Korstanje, seconded by Councillor L. Vardy
Carried
Resolved that report FIN-24-22, Bi-Annual Procurement Report, dated August 22, 2024 be received for information.
Moved by Councillor J. Korstanje, seconded by Councillor D. Howe
Carried
Resolved that report FIN-24-23, Tax Arrears Update, dated August 22, 2024, be received for information.
Moved by Councillor J. Korstanje, seconded by Councillor D. Howe
Carried
Resolved that the Finance Committee recommends staff complete a valuation of Grimsby Power.
Moved by Councillor D. Howe, seconded by Member A. Scandinavo
Carried
Resolved that the Finance Committee recommends staff begin work on an Investment Policy with respect to Government Business Enterprises, after the valuation of Grimsby Power has been completed.
Moved by Councillor D. Howe, seconded by Member A. Scandinavo
Carried
Resolved that report FIN-24-24, Investment Policy Amendments, dated August 22, 2024, be received; and 1. That the Committee recommends Council approve the amended FIN- REV-003 Investment Policy, attached as Appendix A; and 2. That the Committee recommends Council approve the draft By-Law, attached as Appendix D, to allow the Town of Grimsby to enter into an Agency Agreement with respect to ONE Investment authorizing the Treasurer to execute the necessary documents from time to time for that purpose.
Moved by Member A. Scandinavo, seconded by Councillor L. Vardy
Carried
Resolved that report FIN-24-25, Peach King Centre Expansion - August Update, dated August 22, 2024, be received.
Moved by Councillor L. Vardy, seconded by Councillor D. Howe