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 October 24, 2024 Finance Committee agenda be approved, as amended.
Moved by Councillor L. Vardy, seconded by Councillor D. Howe
Carried
Resolved that the Finance Committee minutes of October 3, 2024 and the Grimsby Economic Development Advisory Committee minutes of October 3, 2024 be received.
Moved by Councillor D. Howe, seconded by Councillor L. Vardy
Carried
Resolved that report FIN-24-31, Appointment of Auditors, dated October 24, 2024 be received; and 1. That KPMG LLP be appointed as the Corporation of the Town of Grimsby’s external auditor for the fiscal years ending December 31, 2024 to December 31, 2026 with an option in favour of the Town to extend the term for an additional two (2) one (1) year periods.
Moved by Councillor J. Korstanje, seconded by Councillor L. Vardy
Carried
Resolved that report FIN-24-32, 2025 User Fees and Charges Update, October 24, 2024, be received; and 1. That the recommended 2025 Draft User Fees and Charges be approved as outlined in Appendices B through P; and 2. That staff be directed to prepare the necessary By-law and schedules to update User Fees effective January 1, 2025; and 3. That staff bring a memo back to the Finance Committee in Q2 2025 highlighting any action taken on the additional recommendations raised by Members.
Moved by Councillor D. Howe, seconded by Councillor L. Vardy
Carried
Resolved that report FIN-24-33, Reserve & Reserve Fund Policy Update, dated October 24, 2024 be received; and 1. That the amended Reserve & Reserve Fund Policy, attached as Appendix A, be approved.
Moved by Councillor L. Vardy, seconded by Councillor J. Korstanje
Carried
Resolved that report FIN-24-34, Capital Financing Policy, dated October 24, 2024 be received; and 1. That the Draft Capital Financing Policy included as Appendix A to this report be received for 1st review and comment.
Moved by Member B. Thomson, seconded by Councillor D. Howe
Carried
Resolved that report FIN-24-35, Peach King Centre Expansion – October 2024 Update, be received for information.
Moved by Councillor J. Korstanje, seconded by Councillor L. Vardy
Carried
Resolved that report FIN-24-36, Building Department Vehicle Replacement, dated October 24, 2024, be received; and 1. That the Finance Standing Committee approve the purchase of a Building Department vehicle with a budget amendment of $50,000; and 2. That the budget amendment of $50,000 be funded from the Building Department Reserve Fund.
Moved by Member B. Thomson, seconded by Councillor D. Howe
Carried
Resolved that the Finance Committee accept the resignation of Member Hutchings.
Moved by Councillor L. Vardy, seconded by Councillor J. Korstanje