Finance and Council Controlled Organisations Committee

UNCONFIRMED MINUTES

Unconfirmed minutes of an ordinary meeting of the Finance and Council Controlled Organisations Committee held in the Edinburgh Room, Municipal Chambers, The Octagon, Dunedin on Tuesday 13 March 2018, commencing at 2.40 pm

PRESENT

Chairperson	Mike Lord
Deputy Chairperson	Doug Hall
Members	David Benson-Pope	Rachel Elder
	Christine Garey	Aaron Hawkins
	Marie Laufiso	Damian Newell
	Jim O'Malley	Chris Staynes
	Kate Wilson	Lee Vandervis
	Andrew Whiley

IN ATTENDANCE

Sue Bidrose (Chief Executive Officer), Dave Tombs, (General Manager Finance and Commercial) and Lawrie Warwood (Financial Analyst)

Governance Support Officer      Jennifer Lapham

1       Public Forum

There was no Public Forum.   

2       Apologies
	Moved (Cr Chris Staynes/Deputy Chairperson Doug Hall): That the Committee: Accepts the apologies from Mayor Dave Cull and Cr Stedman. Motion carried (FCCO/2018/001)

3       Confirmation of agenda
	Moved (Chairperson Mike Lord/Deputy Chairperson Doug Hall): That the Committee: Confirms the agenda with the following alteration: In regard to Standing Order 21.1, Options C be adopted in relation to moving and seconding and speaking to amendments. Motion carried (FCCO/2018/002)

4       Declarations of interest

Members were reminded of the need to stand aside from decision-making when a conflict arose between their role as an elected representative and any private or other external interest they might have.

There were no new declarations.

Moved (Cr Chris Staynes/Cr Kate Wilson):

That the Committee:

a)     Notes the Elected Members' Interest Register; and

b)     Confirms the proposed management plan for Elected Members' Interests.

Motion carried (FCCO/2018/003)

Part A Reports

5       Financial Result - Period Ended 31 January 2018
	A report from Finance provided the financial results for the period ended 31 January 2018 and the financial position as at that date.
	Moved (Deputy Chairperson Doug Hall/Cr Andrew Whiley): That the Committee: a)     Notes the Financial Performance for the period ended 31 January 2018 and the Financial Position as at 31 January 2018. Motion carried (FCCO/2018/004)

6       Waipori Fund - Quarter Ending December 2017
	A report from Finance attached the results of the Waipori Fund from Dunedin City Treasury Ltd for the quarter ending 31 December 2017.
	Moved (Cr Andrew Whiley/Cr Chris Staynes): That the Committee: a)     Notes the report from Dunedin City Treasury Limited on the Waipori Fund for the quarter ending 31 December 2017. Motion carried (FCCO/2018/005)

7       Items for Consideration by the Chair
	Cr Benson-Pope requested that the Rates and Funding Advisory Panel be asked to give consideration on ways, via the rating method, to encourage landowners to repair dilapidated buildings.

The meeting concluded at 3.05 pm .

..............................................

C H A I R P E R S O N