PUBLIC AGENDA
STANDING POLICY COMMITTEE ON FINANCE

Wednesday, April 02, 2025 at 2:00 P.m. - 5:30 P.m.

Council Chamber, City Hall

Committee Members:

• Councillor Z. Jeffries, Chair, 
• Councillor R. Pearce, Vice Chair, 
• Councillor R. Donauer, 
• Councillor B. Dubois, 
• Councillor S. Ford, 
• and Her Worship, Mayor C. Block (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.

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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

• Recommendation

  That the minutes of regular meeting of the Standing Policy Committee on Finance held on March 5, 2025, be adopted.

5.

UNFINISHED BUSINESS

6.

ADMINISTRATION AND LEGISLATIVE REPORTS

6.1

Decision Reports

6.2

Approval Reports

6.2.1

Request to Adjust the Sales Terms and Conditions for Single Unit Sales in the Parkridge Neighbourhood [FI2025-0405]

A report of the Corporate Financial Services is provided. 

• Recommendation
  1. That Administration be authorized to negotiate terms and conditions on a per transaction basis to facilitate sales of Parkridge lots to eligible contractors;
  2. That Administration be authorized to amend previously approved Open Market Sales Approach Terms and Conditions for the potential sale of Parkridge single unit lots as set out in this report and in accordance with contractor negotiations; and
  3. That the City Solicitor be requested to prepare the appropriate agreements and that her Worship the Mayor and the City Clerk be authorized to execute the sale agreements under the Corporate Seal. 

6.2.2

Request to Enter Market Lease in Saskatoon Land Neighbourhood for Community Organization [FI2025-0406]

A report of the Corporate Financial Services Division is provided. 

• Recommendation
  1. That Administration be authorized to receive proposals from not-for-profit organizations, indigenous organizations, registered charities, affordable housing providers and community organizations to lease Parcel JJ, Plan 102137633, ISC Surface Parcel # 202844729 through a pilot open market with criteria call for proposals;
  2. That Administration be authorized to negotiate lease terms and conditions with the proponent that submits the highest scoring proposal during the offer period on the subject property as set out in this report;
  3. That if an acceptable proposal is not received through the original offer period, proposals continue to be received on a first come, first served basis subsequent to the offer period closing;
  4. That if an acceptable lease proposal is not received within one year, the parcel will be returned into inventory and placed back over the counter for sale on a first come, first served basis in alignment with the standard process for land sales;
  5. That Administration provide an information report on the notable terms that were negotiated with the successful proponent; and
  6. That the City Solicitor be requested to prepare the appropriate agreements and that her Worship the Mayor and the City Clerk be authorized to execute the lease agreements under the Corporate Seal.

6.2.3

SREDA – 2024/2025 Report [FI2025-0403]

The following are provided:

• Report of the Corporate Financial Services; and 
• A letter requesting to speak from Erin Lawson, SREDA, dated March 4, 2025.

• Recommendation

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

  1. That a bonus payment of $106,250 to SREDA be approved; and
  2. That SREDA’s 2025 Key Performance Indicators and Targets be approved.

6.2.4

SREDA – Business Incentives – 2025 Tax Abatements [FI2025-0408]

The following are provided:

• Report of the Corporate Financial Services; and 
• A letter requesting to speak from Erin Lawson, SREDA, dated March 4, 2025.

• Recommendation

  That the Standing Policy Committee on Finance recommend to City Council that the incentive abatements as determined by the Saskatoon Regional Economic Development Authority be approved.

6.3

Information Reports

• Recommendation

  That the reports contained in Items 6.3.1 to 6.3.2 be received as information.

6.3.1

Report on Investments 2024 [2025-0404]

A report of the Corporate Financial Services is provided. 

6.3.2

Audit Recommendation Follow-up & Status Update [FI2025-0401]

A report of the City Auditor is provided. 

7.

MOTIONS (notice previously given)

8.

URGENT BUSINESS

9.

GIVING NOTICE

10.

REQUESTS TO SPEAK (new matters)

11.

COMMUNICATIONS (requiring the direction of the Committee)

11.1

Notice of Annual General Meeting - The Art Gallery of Saskatchewan Inc. [FI2025-0407]

A letter dated March 13, 2025, from Erin Culbertson, Executive Assistant, Remai Modern Art Gallery of Saskatchewan, regarding the Notice of the Annual General Meeting of The Art Gallery of Saskatchewan Inc. is provided.

• Recommendation

  That the Standing Policy Committee on Finance recommend to City Council that the City of Saskatoon, being a member of The Art Gallery of Saskatchewan Inc., appoint Her Worship the Mayor, Cynthia Block, or in her absence, Councillor Bev Dubois or Councillor Scott Ford of the City of Saskatoon, in the Province of Saskatchewan, as its proxy to vote for it on its behalf at the Annual General Meeting of the members of The Art Gallery of Saskatchewan Inc. to be held on the 29th day of April 2025, or at any adjournment or adjournments thereof. 

11.2

2024 Board of Revision Annual Report [ADV2025-0402]

The Board of Revision 2024 Annual Report is provided and Cameron Choquette, Board Chair, will be in attendance to speak to the matter. 

• Recommendation

  That the 2024 Annual Report of the Board of Revision be forwarded to City Council for information. 

12.

IN CAMERA SESSION

• Recommendation

  ​That the following items be considered In Camera.

12.1

Audit Matter

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

12.2

City Auditor Updates

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

13.

RISE AND REPORT

14.

ADJOURNMENT