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060223 Special Council Meeting MinutesA. MINUTES: Meeting for the Committee "Open Council" ,A� II Review Access:* Public C Private MINUTES Town of Tillsonburg Special Meeting for the Committee "Open Council" on Thursday February 23, 2006 04:00 PM Council Chambers Chair: Stephen Molnar Orders of the Day: Call to Order Closed Meeting Session Disclosure of Pecuniary Interest or the General Nature Thereof Minutes & Business Arising out of the Minutes Adoption of Agenda Presentations Public Meetings Delegations Quarterly Reports Chief Administrative Officer Operations Community Services Corporate Services Finance Information Items Resolutions By -Laws Items of Public Interest Closed Meeting Session continued Adjournment CALL TO ORDER CLOSED MEETING SESSION DISCLOSURE OF PECUNIARY INTEREST OR THE GENERAL NATURE THEREOF > Page 1 MINUTES: Meeting for the Committee "Open Council" r"h MINUTES & BUSINESS ARISING OUT OF THE MINUTES ADOPTION OF AGENDA No. 1 Moved by Councillor Lamb Seconded by Councillor Stephenson THAT the Agenda as prepared for the Special Council Meeting of February 23, 2006 be adopted. "Carried" PRESENTATIONS PUBLIC MEETINGS DELEGATIONS QUARTERLY REPORTS > CHIEF ADMINISTRATIVE OFFICER OPERATIONS > COMMUNITY SERVICES CORPORATE SERVICES FINANCE 97) 2006 Capital Budget Priorities by Dept Master List.xls Inventory asset listings for existing assets that are planned to be replaced over the next 10 years... Page 2 A Aft\ MINUTES: Meeting for the Committee "Open Council" Roads Priority 2006-2015.xls Fleet Priority 2006.2015.xls IT Equipment Priority 2006-2015.xls Facilities Priority 2006-2015.xis • D. Eddington outlined that the budget is currently at a 6.1 percent increase, which is in effect 3.4 percent to the median residential taxpayer. • • This also includes $25,000 for 1 new capital works at the Community Centre. • • D. Eddington outlined the asset management program to Council. The program includes an annual requirement for asset management. Asset management details are for information only at this stage. The budget provides for a sum of dollars with no associated details in it. A further review of specific capital will take place. • • Discussion was held regarding the list of assumptions for asset management. • • DIRECTION: The Director of Finance to compile these assumptions from all departments. • • Discussion was held regarding timelines. • • The Director of Finance reviewed the Asset Management document and 2006 Capital Budget Master Plans. • • DIRECTION: • Moved by Councillor Patenaude • Seconded by Councillor Renaud AND RESOLVED THAT Staff be given direction to create an additional reserve of $150,000 to get asset management started, in reserves, in the 2006 draft budget. • • DIRECTION: • Staff were directed to incorporate a skateboard park into the budget. • • DIRECTION: • Staff were directed to incorporate tennis courts into asset management, as a number 1 priority project. INFORMATION ITEMS RESOLUTIONS BY-LAWS ITEMS OF PUBLIC INTEREST CLOSED MEETING SESSION CONTINUED Page 3 MINUTES: Meeting for the Committee "Open Council" �1 ADJOURNMENT Meeting adjourned. Approval Received: (1 of 1) Lana Lund/Tillsonburg (Monday March 13, 2006 11:30 AM) eo1 Town of Tillsonburg Page 4