Audit and Finance Committee
February 4, 2025
Who was there
What was decided (10 motions)
10 carried, 0 recorded otherwise. Every motion below is printed as the minutes print it.
That Councillor Barry Norris be nominated for the position of Chair of the Audit and Finance Committee.
Moved by Councillor Brian Smith
Carried
Clarke That the nominations for the Chair of the Audit and Finance Committee be closed.
Moved by Councillor Tim Fryer, seconded by Warden Basil
Carried
That Councillor Tim Fryer be nominated for the position of the Vice-Chair of the Audit and Finance Committee.
Moved by Councillor Barry Norris
Carried
That the nominations for the Vice-Chair of the Audit and Finance Committee be closed.
Moved by Councillor Peter Lavoie, seconded by Councillor Barry Norris
Carried
Clarke That the agenda for the February 4, 2025, meeting of the Audit and Finance Committee, be approved.
Moved by Councillor Brian Smith, seconded by Warden Basil
Carried
That Item AUC 2025-038, dated February 4, 2025, regarding Municipal Asset Management Planning Regulation, be received.
Moved by Councillor Brian Smith, seconded by Councillor Peter Lavoie
Carried
That Item AUC 2025-040, dated February 4, 2025, regarding Insurance, risk management review and update, be received.
Moved by Warden Basil, seconded by Councillor Tim Fryer
Carried
That Item AUC 2025-041, dated February 4, 2025, regarding Financial Policies, be received.
Moved by Councillor Brian Smith, seconded by Councillor Peter Lavoie
Carried
Clarke That Item AUC 2025-042, dated February 4, 2025, regarding Compliance, External Reporting, and Other Audit Results, be received.
Moved by Councillor Brian Smith, seconded by Warden Basil
Carried
Clarke That the February 4, 2025, meeting of the Audit and Finance Committee be adjourned at 11:51 a.m.
Moved by Councillor Peter Lavoie, seconded by Warden Basil
Carried
The town’s own record