July 21, 2021 Audit and Finance Standing Committee Special Meeting

Date:

Time: Immediately following the Audit Committee

Location: Virtual Meeting

Agenda


1. CALL TO ORDER

2. APPROVAL OF MINUTES
– June 16, 2021

3. APPROVAL OF THE ORDER OF BUSINESS AND APPROVAL OF ADDITIONS AND DELETIONS

4. BUSINESS ARISING OUT OF THE MINUTES

5. CALL FOR DECLARATION OF CONFLICT OF INTERESTS

6. MOTIONS OF RECONSIDERATION – NONE
7. MOTIONS OF RESCISSION – NONE
8. CONSIDERATION OF DEFERRED BUSINESS – NONE
9. NOTICES OF TABLED MATTERS – NONE

10. CORRESPONDENCE, PETITIONS & DELEGATIONS
10.1 Correspondence 
10.2 Petitions 
10.3 Presentations – None.

11. INFORMATION ITEMS BROUGHT FORWARD – NONE

12. REPORTS
12.1 AUDITOR GENERAL - NONE

12.2 STAFF 
12.2.1 Investment Activities – Quarter ending March 31, 2021
Motion:

That the Audit and Finance Standing Committee forward this report to Halifax Regional Council as an information item.

12.2.2 Dartmouth Common Splash Pad Budget Increase & Tender Award
Motion: 
That the Audit and Finance Standing Committee recommend that Regional Council:
1.    Approve an unbudgeted withdrawal in the amount of $200,000 (net HST included), from the Capital Fund Reserve, Q526;

2.    Increase 2021/22 Capital Project Number CP210008 – Splash Pads, by $200,000 (net HST included); 

3.    Increase 2021/22 Capital Project Number CP210008 – Splash Pads by $110,000 (net HST Included), with no change to the net budget; funding from the Dorothy and Dan Gibson Foundation (c/o Friends of Dartmouth Splash Pad & Park); and,

4.    Award Request for Proposal No. 21-099, Design-Build Dartmouth Common Splash Pad to the highest scoring proponent, Lindsay Construction, at a cost of $815,436 (net HST included) with funding from Project Account No. CP210008 – Splash Pads, CCV02405,CCV02505 - District 5 Discretionary Funds, and CCV02406/CCV02506 – District 6 Discretionary Funds, as outlined in the Financial Implications section of this report.

12.2.3 Funding Options for Merchant Validation Program
Motion:

That the Audit and Finance Standing Committee recommend that Halifax Regional Council approve an increase to the Merchant Validation Program for a period of 3 months for a total 2021/22 operating budget of up to $200,000, as detailed in the Financial Implications section of this report.

12.2.4 Budget Changes – Road Safety Improvement – Traffic Calming Program
Motion:

That the Audit and Finance Standing Committee recommend that Halifax Regional Council:
1.    Approve a budget transfer of $215,000 from capital account CT180003 – Traffic Signal Re-lamping to capital account CT190006 – Road Safety Improvement; and

2.    Approve a budget transfer of $385,000 from capital account CR200005 – Road Ops & Construction – State of Good Repair to capital account CT190006 – Road Safety Improvement.

12.3 GRANTS COMMITTEE – NONE
12.4 COMMITTEE MEMBERS - NONE

13. MOTIONS – NONE

14. IN CAMERA (IN PRIVATE) – NONE

15. ADDED ITEMS 

16. NOTICES OF MOTION

17. PUBLIC PARTICIPATION

18. DATE OF NEXT MEETING –
August 18, 2021

19. ADJOURNMENT
 

INFORMATION ITEMS – NONE