PUBLIC AGENDA
STANDING POLICY COMMITTEE ON FINANCE

Monday, August 15, 2022 at 2:00 P.m. - 5:30 P.m.

Council Chamber, City Hall

Committee Members:

• Councillor C. Block, Chair, 
• Councillor R. Donauer, 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/write-letter-councilcommittees. If your submission includes a request to speak, you will be contacted by a representative from the City Clerk’s Office with further information.

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1.

CALL TO ORDER

2.

CONFIRMATION OF AGENDA

• Recommendation
  1. That the items with a speaker be heard following Adoption of Minutes:
     • 7.2.1 - Alex Fallon;
     • 7.2.2 - Alex Fallon; and
  2. 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 June 13, 2022 be adopted.

5.

UNFINISHED BUSINESS

6.

COMMUNICATIONS (requiring the direction of the Committee)

6.1

Delegated Authority Matters

6.2

Matters Requiring Direction

6.2.1

Meewasin Valley Authority - March 31, 2022 Financial Statements [CK 1870-10]

A letter dated July 8, 2022 from Andrea Lafond, Chief Executive Officer, Meewasin Valley Authority, providing the Meewasin Valley Authority Financial Statements, March 31, 2022.

• Recommendation

  That the Meewasin Valley Authority Financial Statements dated March 31, 2022 be received and forwarded to City Council for information.

6.3

Requests to Speak (new matters)

7.

REPORTS FROM ADMINISTRATION

7.1

Information Reports

• Recommendation

  That the reports contained in Items 7.1.1 to 7.1.3 be received as information.

7.1.1

Business Improvement Districts’ 2021 Financial Statements [CK. 1650-1]

A report of the Administration is provided.

7.1.2

Indigenous Procurement Update and Next Steps [CK. 1000-5]

A report of the Administration is provided.

7.1.3

2022 Financial Forecast – City of Saskatoon’s Corporate Business Plan and Budget [CK. 430-72 x 1700-1]

A report of the Administration is provided.

7.2

Approval Reports

7.2.1

Incentive Application – Crestline Coach Ltd. [CK. 3500-0]

A report of the Administration is provided.

A letter requesting to speak from Alex Fallon, Saskatoon Regional Economic Development Authority, dated July 26, 2022 is provided.

• Recommendation

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

  1. That the application from Crestline Coach Ltd. for a five-year tax abatement on the incremental portion of taxes at 126 Wheeler Street, as a result of its development in 2022, be approved as follows:
     1. 100% in Year 1
     2. 80% in Year 2
     3. 70% in Year 3
     4. 60% in Year 4
     5. 50% in Year 5
  2. That the City Solicitor be instructed to prepare the appropriate agreements.

7.2.2

Incentive Application – Vital Metals Canada Ltd. [CK. 3500-0]

A report of the Administration is provided.

A letter requesting to speak from Alex Fallon, Saskatoon Regional Economic Development Authority, dated July 26, 2022 is provided.

• Recommendation

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

  1. That the application from Vital Metals Canada Ltd. for a five-year tax abatement on the incremental portion of taxes at 2950 Miners Avenue, as a result of its development in 2022, be approved as follows:
     1. 100% in Year 1
     2. 80% in Year 2
     3. 70% in Year 3
     4. 60% in Year 4
     5. 50% in Year 5
  2. That the City Solicitor be instructed to prepare the appropriate agreements.

7.2.3

External Auditor Services Contract Award [CK. 1610-9]

A report of the Administration is provided.

• Recommendation

  That the Standing Policy Committee on Finance:

  1. Approve the appointment of Deloitte LLP as the City’s external auditor; and
  2. That His Worship the Mayor and the City Clerk be authorized to execute the contract documents as prepared by the City Solicitor under Corporate Seal.

7.2.4

Acquisition of Additional Land for Intersection at Neault Road/33rd Street West [CK. 4020-1]

A report of the Administration is provided.

• Recommendation

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

  1. That Administration be authorized to purchase a 0.01-acre portion of ISC Parcel No. 203746686 from Khalsa School Inc. for $52.50; and
  2. That the City Solicitors be requested to have the agreements executed by His Worship the Mayor and the City Clerk under the Corporate Seal.

7.2.5

Lease of 123 Auditorium Avenue, Biktrix Enterprises Inc. [CK. 4020-1 x 600-3]

A report of the Administration is provided.

• Recommendation
  1. That a lease agreement for 123 Auditorium Avenue, located on ISC Parcel
     No. 120285873, with Biktrix Enterprises Inc. for a term of five years upon the terms detailed within this report, be approved; and
  2. That the City Solicitor be requested to have the necessary agreement executed by His Worship the Mayor and the City Clerk under the Corporate Seal.

7.2.6

Request to Sell City-Owned Property - Parcels S, U, T, V – Kensington Village Square [CK. 4215-1 x 4110-44]

A report of the Administration is provided.

• Recommendation
  1. That the Administration be authorized to sell Parcels S, U, T, and V, Plan No. 102350540 (ISC Parcel Nos. 203839993, 203839971, 203840007, 203839960) in the Kensington neighbourhood through the open market (standard terms) sales approach with prices as listed in the report of the Chief Financial Officer dated August 15, 2022;
  2. That the Administration be authorized to administer architectural controls for these parcels; and
  3. 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

Decision Reports

8.

URGENT BUSINESS

9.

MOTIONS (notice previously given)

10.

GIVING NOTICE

11.

IN CAMERA SESSION

• Recommendation

  ​That the following items be considered In Camera.

11.1

City of Saskatoon - 2021 Audited Financial Statements [CK. 1610-9]

[In Camera - Economic, Financial and Other Interests - Section 17 of LAFOIP]

11.2

City Internal Auditor Updates [CK 1600-3]

(In Camera - Audits and Tests, Section 19 of LAFOIP)

This is a standing item on the agenda. 

12.

RISE AND REPORT 

13.

ADJOURNMENT