|
FINANCIAL
MANAGEMENT COMMITTEE
|
|
MINUTES
|
|
|
|
An Open meeting of the Financial
Management Committee was held in the Council Committee Room, Burnaby City
Hall, 4949 Canada Way, Burnaby, B.C. on Thursday, 2016 July 21 at 5:30
p.m.
|
PRESENT: Councillor
Dan Johnston, Chair
Councillor
Colleen Jordan, Vice Chair
Councillor
Paul McDonell, Member
STAFF: Mr.
Lambert Chu, City Manager
Mr.
Lou Pelletier, Director Planning & Building
Mr.
Leon Gous, Director Engineering
Ms.
Denise Jorgenson, Director Finance
Mr.
John Cusano, Deputy Chief Building Inspector
Ms.
Blanka Zeinabova, Administrative Officer
|
The Chair called the Open meeting to
order at 5:42 p.m.
|
|
MOVED By councillor mcdonell
SECONDED BY councillor jordan
|
|
|
|
THAT the minutes of the Open meeting
of the Financial Management Committee held on 2016 June 23 be adopted.
CARRIED UNANIMOUSLY
|
|
MOVED BY councillor jordan
SECONDED BY councillor mcdonell
|
|
|
|
THAT the correspondence be received.
CARRIED UNANIMOUSLY
|
|
Correspondence was received from Mr.
Aaron Aerts, BC Economist, the Canadian Federation of Independent Business
(CFIB) sharing the results of the 10th edition of the Property Tax
Gap Report. The report focuses on the 20 largest municipalities in BC and
examines recent trends in the disparity between commercial and residential
property tax rates, also known as the “tax gap”. The gap is a measure of
property tax fairness for small business. The report further contains a comprehensive
list of the tax gap in 161 municipalities across the Province. It was noted
that in 2015, the average tax gap for all BC municipalities was 2.60, meaning
business owners pay over 2.5 times what residents pay on the same valued
property.
|
|
MOVED BY councillor mcdonell
SECONDED BY councillor jordan
|
|
|
|
THAT the reports be received.
CARRIED UNANIMOUSLY
|
|
The Director Finance
submitted a report seeking capital bylaw funding approval for washroom and
elevator lobby renovations at the City-owned building Deer Lake I.
The
Director Finance recommended:
1. THAT Council authorize staff to
bring down a Capital Reserves Expenditure Bylaw in the amount of $300,000
(inclusive of GST) for the washroom and lobby renovations on the third and
fourth floors of Deer Lake I.
|
|
MOVED BY councillor jordan
SECONDED BY councillor mcdonell
|
|
|
|
THAT the recommendation of the Director
Finance be adopted.
CARRIED UNANIMOUSLY
|
|
The Director Finance
submitted a report seeking authorization to prepare a new Burnaby Business
Licence Bylaw.
The
Director Finance recommended:
1. THAT Financial Management
Committee recommend Council authorize staff to prepare a new Burnaby Business
Licence Bylaw, as outlined in this report.
|
|
MOVED BY councillor jordan
SECONDED BY councillor mcdonell
|
|
|
|
THAT the recommendation of the
Director Finance be adopted.
MOVED BY councillor jordan
SECONDED BY
councillor mcdonell
THAT this report be REFERRED
back to staff, and Council workshop be arranged prior to the Committee
meeting in September.
CARRIED UNANIMOUSLY
|
|
There was no new business brought
before the Committee at this time.
|
|
There were no inquiries brought
before the Committee at this time.
|
|
MOVED BY councillor mcdonell
SECONDED BY councillor jordan
|
|
|
|
THAT this Open meeting do now
recess.
CARRIED UNANIMOUSLY
|
|
The Open Committee meeting recessed
at 6:09 p.m.
|
|
MOVED BY councillor mcdonell
SECONDED BY councillor jordan
|
|
|
|
THAT the Open meeting do now
reconvene.
CARRIED UNANIMOUSLY
|
|
The
Open Committee meeting reconvened at 6:44 p.m.
|
|
MOVED BY councillor mcdonell
SECONDED BY councillor jordan
|
|
|
|
THAT this Open meeting do now
adjourn.
CARRIED UNANIMOUSLY
|
|
The Open Committee meeting adjourned
at 6:44 p.m.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
________________________
|
________________________
|
|
Blanka
Zeinabova
ADMINISTRATIVE
OFFICER
|
Councillor
Dan Johnston
CHAIR
|