Finance and Council Controlled Organisations Committee
MINUTES
Minutes of an ordinary meeting
of the Finance and Council Controlled Organisations Committee held in the Via
Audio Visual Link on Wednesday 09 February 2022, commencing at 1.00 pm
PRESENT
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Chairperson
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Cr Mike Lord
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Members
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Cr Sophie Barker
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Cr David Benson-Pope
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Cr Rachel Elder
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Cr Christine Garey
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Cr Carmen Houlahan
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Cr Marie Laufiso
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Cr Jim O'Malley
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Cr Jules Radich
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Cr Chris Staynes
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Cr Lee Vandervis
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Cr Steve Walker
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Cr Andrew Whiley
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IN ATTENDANCE
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Sandy Graham (Chief Executive
Officer), Gavin Logie (Chief Financial Officer) and Richard Davey (Treasury
Manager)
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Governance Support Officer Wendy
Collard
1 Public
Forum
There was no Public Forum.
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2 Apologies
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Moved (Cr
Mike Lord/Cr Steve Walker):
That the Committee:
Accepts the apology
from Cr Doug Hall.
Motion carried
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3 Confirmation
of agenda
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Moved (Cr Mike Lord/Cr Christine Garey):
That the Committee:
Confirms the agenda
without addition or alteration
Motion carried
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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.
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Moved (Cr Mike Lord/Cr Chris Staynes):
That the Committee:
a) Notes the Elected Members' Interest Register attached as
Attachment A; and
b) Confirms the proposed management plan for Elected Members'
Interests.
Motion carried
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5 Confirmation
of Minutes
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5.1 Finance and Council
Controlled Organisations Committee meeting - 3 November 2021
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Moved (Cr Steve Walker/Cr Carmen
Houlahan):
That the Committee:
a) Confirms the minutes
of the Finance and Council Controlled Organisations Committee meeting held on
03 November 2021 as a correct record.
Motion carried (FCCO/2022/001)
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Part A Reports
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6 Finance
and Council Controlled Organisations Committee - Forward Work Programme
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A report from Corporate
Policy provided the forward work programme for the 2022 year.
The Chief Financial Officer
(Gavin Logie) spoke to the report and responded to questions.
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Moved (Cr
Mike Lord/Cr Rachel Elder):
That the Committee:
a) Notes
the Finance and Council Controlled
Organisations Committee forward work programme.
Motion carried
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7 Actions
from resolutions of Finance and Council Controlled Organisations Committee
meetings
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A report from Civic
provided an update on the open and completed actions from resolutions of
Finance and Council Controlled Organisations Committee meetings from the
start of the triennium in October 2019.
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Moved (Cr
Mike Lord/Cr Chris Staynes):
That the Committee:
a) Notes the Open
Actions from resolutions of Finance and Council Controlled Organisations
Committee meetings.
Motion carried
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8 Waipori
Fund - Quarter Ending December 2021
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A report from Dunedin City
Treasury Limited provided information on the results of the Waipori Fund for
the for the quarter ended 31 December 2021.
The Chief Financial
Officer (Gavin Logie) and the Treasury Manager (Richard Davey) spoke to the
report and responded to questions.
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Moved (Cr
Steve Walker/Cr Lee Vandervis):
That the Committee:
a) Notes
the report from Dunedin City Treasury
Limited on the Waipori Fund for the quarter ended 31 December 2021.
Motion carried
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9 Financial
Result - Period Ended 31 December 2021
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A report
from Finance provided provides the financial results for the six months ended
31 December 2021 and the financial position as at that date.
The Chief Financial
Officer (Gavin Logie) spoke to the report and responded to questions.
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Moved (Cr Mike
Lord/Cr Chris Staynes):
That the Committee:
a)
Notes the Financial Performance for the period ended 31
December 2021 and the Financial Position as at that date.
Motion carried
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10 Items
for Consideration by the Chair
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Cr Lee Vandervis requested a list of the different ways
funding was provided to the stadium and stadium operation by Council.
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The meeting concluded at 1.33 pm.
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CHAIRPERSON