PUBLIC AGENDA
STANDING POLICY COMMITTEE ON FINANCE

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Council Chamber, City Hall
Committee Members:
  • Councillor R. Donauer, Chair, 
  • Councillor C. Block, Vice Chair, 
  • Councillor B. Dubois, 
  • Councillor Z. Jeffries, 
  • Councillor D. Kirton, 
  • and His Worship Mayor C. Clark (Ex-Officio) 

Submissions providing comments and/or requesting to speak will be accepted for public meetings using the online form at saskatoon.ca/writetocouncil. If your submission includes a request to speak, you will be contacted by a representative from the City Clerk’s Office with further information. Submissions will be accepted no later than 5:00 p.m. on the Monday the week of the meeting.

1.
CALL TO ORDER

 

The Chair will call the meeting to order on Treaty 6 Territory and the Traditional Homeland of the Métis People and confirm roll call.

2.
CONFIRMATION OF AGENDA

 
  • Recommendation

    That the agenda be confirmed as presented.

3.
DECLARATION OF CONFLICT OF INTEREST

 

4.
ADOPTION OF MINUTES

This item has attachments. 
1.Post-Meeting Minutes - SPC-FINANCE - PUBLIC_May08_2024 - English.pdf
  • Recommendation

    That the minutes of regular meeting of the Standing Policy Committee on Finance held on May 8, 2024, be adopted.

5.
UNFINISHED BUSINESS

 

6.
COMMUNICATIONS (requiring the direction of the Committee)

 

7.
REPORTS FROM ADMINISTRATION

 

7.1
Decision Reports

 

7.2
Approval Reports

 

7.2.1
Proposed Amendments to City Council Policy C03-003, Reserves for Future Expenditures [FI2024-0601]

This item has attachments. 
1.Admin Report - Proposed Amendments to City Council Policy C03-003, Reserves for Future Expenditures.pdf
2.Append 1 - Proposed Amendments to C03-003.pdf

A report of the Corporate Financial Services is provided. 

  • Recommendation

    That the Standing Policy Committee on Finance recommend to City Council that the City Clerk’s Office be requested to amend City Council Policy No. C03-003, Reserves for Future Expenditures as shown in Appendix 1.

7.2.2
Proposed Amendments to City Council Policy C03-027, Borrowing for Capital Projects [FI2024-0606]

This item has attachments. 
1.Admin Report - Proposed Amendments to City Council Policy C03-027, Borrowing for Capital Projects.pdf
2.Append 1 - Proposed Revisions to C03-027.pdf

A report of the Corporate Financial Services is provided. 

  • Recommendation

    That the Standing Policy Committee on Finance recommend to City Council that the City Clerk’s Office be requested to amend City Council Policy C03-027, Borrowing for Capital Projects as shown in Appendix 1.

7.2.3
Commercial Utility Deposits [FI2024-0608]

This item has attachments. 
1.Admin Report - Commercial Utility Deposits .pdf
2.Append 1 - Utility Deposit Jurisdictional Scan.pdf

A report of the Corporate Financial Services is provided. 

  • Recommendation

    That the Standing Policy Committee on Finance recommend to City Council:

    1. That the proposed amendments to Bylaw No. 7567, The Waterworks Bylaw, 1996, and Bylaw No. 2685, The Electric Light and Power Bylaw, as outlined in this report be approved; and
    2. That the City Solicitor be requested to make the necessary amendments to Bylaw No. 7567, The Waterworks Bylaw, 1996, and Bylaw No. 2685, The Electric Light and Power Bylaw.

7.2.4
Request to Sell City-Owned Property – Aspen Ridge Multi-Unit Parcels CC, DD, EE, FF, GG, and W [FI2024-0607]

This item has attachments. 
1.Admin Report - Request to Sell City-Owned Property – Aspen Ridge Multi-Unit Parcels CC, DD, EE, FF, GG, and W.pdf
2.Append 1 - Aspen Ridge Lot Information Map - Parcels CC, DD, EE, FF, GG, and W.pdf
3.Append 2 - Open Market (Standard Terms) Sales Approach – Terms and Conditions.pdf
4.Append 3 - Architectural Controls for Multi-Unit Dwelling Districts.pdf
5.Append 4 - Architectural Controls Specific for Parcels FF and GG.pdf

A report of the Corporate Financial Services is provided. 

  • Recommendation
    1. That the Administration be authorized to sell Parcels CC, DD, EE, FF, GG Plan No. 102415812 (ISC Parcel Nos. 204065647, 204065658, 204066525, 204066165, 204065940) and W Plan No.102291083 (ISC Parcel No. 203542534) in the Aspen Ridge neighbourhood through the open market (standard terms) sales approach;
    2. That the Administration be authorized to make minor adjustments to the approved list pricing that may be necessary to account for changes in servicing costs and parcels being returned;
    3. That the Administration be authorized to administer architectural controls on the subject properties; and
    4. That the City Solicitor be requested to prepare the appropriate agreements and that His Worship the Mayor and the City Clerk be authorized to execute the agreements under the Corporate Seal.

7.2.5
Request to Receive Proposals for Sale of City-Owned Land – Housing Accelerator Fund [FI2024-0308]

This item has attachments. 
1.Admin Report - Request to Receive Proposals for Sale of City Owned Land-Housing Affordability Program.pdf
2.Append 1 - Site Marketing Information for Each of the Sites.pdf

A report of the Corporate Financial Services is provided. 

  • Recommendation
    1. That Administration be authorized to receive proposals to sell Lots 1 to 4, Plan G238, ISC Parcel Nos. 120091362, 1200900642, 120090631, 120090620 (2401 Broadway Avenue) through an open market (with criteria) sales approach;
    2. That the Administration be authorized to receive proposals to sell Parcel XX, Plan 102111253, ISC Parcel No. 202996918 (25 25th Street East) through a non-market (with criteria) sales approach;
    3. That the Administration be authorized to receive proposals to sell Lot 35, Blk 150, Plan 99SA32572, ISC Parcel No. 120283062, and Lot 36, Blk 150, Plan 99SA32572, ISC Parcel No. 120283107 (231 23rd Street East and 155 3rd Avenue North through a non-market (with criteria) sales approach;
    4. That the Administration be authorized to prepare a Bylaw as necessary to remove the existing Municipal Reserve designation, and receive proposals to sell a 1.40 acre portion of Parcel MR1, Plan 89S08942, ISC Parcel No. 120222177 (portion of Lakewood Civic Centre site) through an open market (with criteria) sales approach with a nominal value list price and subject to offers as part of the proposal process;
    5. That the Administration be authorized to negotiate sales terms and conditions with the proponent that submits the highest-ranking affordable housing proposal for each site during the offer period;
    6. That if an acceptable proposal for any of the above sites is not received through the original offer period, proposals continue to be received on a first-come, first-served basis until an acceptable proposal consistent with the overall goal of selling City-owned land to support affordable housing units under the Housing Accelerator Program is received, and
    7. That the City Solicitor be requested to prepare the appropriate agreements and that His Worship the Mayor and the City Clerk be authorized to execute the agreements under the Corporate Seal.

7.3
Information Reports

 
  • Recommendation

    That the reports contained in Items 7.3.1 to 7.3.3 be received as information.

8.
MOTIONS (notice previously given)

 

9.
URGENT BUSINESS

 

10.
GIVING NOTICE

 

11.
IN CAMERA SESSION

 
  • Recommendation

    ​That the following item be considered In Camera.

11.1
Audit Matter

 

[In Camera - Audits and Tests, Section 19 of LAFOIP]

12.
RISE AND REPORT

 

13.
ADJOURNMENT

 
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