September 19, 2017 Audit and Finance Standing Committee Special Meeting

Agenda

1. CALL TO ORDER

2. APPROVAL OF THE ORDER OF BUSINESS

3.CALL FOR DECLARATION OF CONFLICT OF INTERESTS

4. REPORTS
4.1 Request for financial assistance and to enter into a Heritage Agreement with St. Paul’s Church, 1749 Argyle Street, Halifax

Motion:
That Audit and Finance Standing Committee recommend Regional Council approve the following, conditional upon i) the execution of the Heritage Agreement as found at Attachment A with the Parish of St. Paul’s and its registration at the Land Registry Office, and ii) the execution of a Contribution Agreement with the Government of Canada:

1. the provision of in-kind financial assistance of a value up to but not exceeding $500,000, with a net municipal project cost up to but not exceeding $250,000, to the Parish of St. Paul’s for the restoration of a portion of the perimeter ironstone wall and cast iron fencing surrounding St. Paul’s Church in accordance with the Heritage Agreement as found at Attachment A of the August 17, 2017 staff report, with funding as outlined in the Financial Implications section of this report;

2. an unbudgeted withdrawal of $250,000 from the General Contingency Reserve (Q421) to the project budget to fund the net municipal cost of the financial assistance; and

3. the expansion of the scope of work, in the 2017-18 fiscal year, as found in the Heritage Agreement as found at Attachment A of the August 17, 2017 staff report to allow for the restoration of additional portions of the ironstone wall and cast iron fencing, providing that the net municipal project cost does not exceed $250,000, and to authorize any necessary amendments to the Heritage Agreement to reflect the expanded scope of work.

5. ADJOURNMENT