RCC LOGO_Stacked_COLOUR_RGBTHESE MINUTES ARE DRAFT UNTIL CONFIRMED AT THE NEXT MEETING OF THIS COUNCIL AND/OR COMMITTEE

 

 

 

 

 

 

 

 

 


THESE MINUTES ARE DRAFT UNTIL CONFIRMED AT THE NEXT MONTHLY MEETING OF THIS COUNCIL AND/OR COMMITTEE

 

MINUTES OF Administration and Finance Committee Meeting of the Council of the City of Randwick HELD ON Tuesday, 1 December 2015 AT 6:06pm

 

Present:

The Mayor, Councillor N D’Souza (South Ward)

 

North Ward                                          -  Councillors K Neilson (Chairperson),

                                                             L Shurey & K Smith

                                                            

East Ward                                            -  Councillors T Bowen (Deputy Chairperson), M Matson & B Roberts

                                                         

West Ward                                           -  Councillors G Moore & H Stavrinos

 

South Ward                                          -  Councillors R Belleli & P Garcia

 

Central Ward                                        -  Councillors A Andrews (arrived 9.24pm) &      G Stevenson

Officers present:

General Manager                                             Mr R Brownlee

Director City Services                                      Mr J Frangoples

Director City Planning                                       Ms S Truuvert

Director Governance & Financial Services             Mr J Smith

Senior Administrative Coordinator                       Ms J Hartshorn

Communications Manager                                 Mr J Hay

Executive Manager                                          Mr L Fitzgerald           

 

The Meeting was adjourned at 6.06pm and was resumed at 9.00pm.

 

Apologies/Granting of Leave of Absences 

 

Apologies were received from Crs Nash and Seng.

 

RESOLVED: (Stavrinos/Smith) that the apologies received from Crs Nash and Seng be accepted and leave of absences from the meeting be granted.

 

Confirmation of the Minutes

 

Confirmation of the Minutes of the Administration and Finance Committee Meeting held on Tuesday 10 November 2015

AF34/15

RESOLUTION: (Stavrinos/Smith) that the Minutes of the Administration and Finance Committee Meeting held on Tuesday 10 November 2015 (copies of which were circulated to all Councillors) be and are hereby confirmed as a correct record of the proceedings of that meeting.

 

Declarations of Pecuniary and Non-Pecuniary Interests

 

Nil.

 

Address of Council by Members of the Public 

Nil.

 

Urgent Business

Nil.

 

Administration Reports

 

A12/15     Administration Report - Contingency Fund - status as at 30 November 2015 (F2004/07396)

AF35/15

RESOLUTION: (Smith/Shurey) that the status of the contingency fund allocations for 2015-16 be noted.

 

MOTION: (Smith/Shurey) CARRIED - SEE RESOLUTION.

 

Finance Reports

 

F16/15      Finance Report - Monthly Financial Report as at 31 October 2015 (F2015/00181)

AF36/15

RESOLUTION: (Matson/Smith) that the Administration and Finance Committee acknowledges that the Responsible Accounting Officer has advised that the projected financial position of Council is satisfactory.

 

MOTION: (Matson/Smith) CARRIED - SEE RESOLUTION.

 

 

 

F17/15      Finance Report - Investment Policy (F2015/06527)

AF37/15

RESOLUTION: (Andrews/Moore) that the attached Investment Policy be adopted with the addition of the proposed Fossil Fuel Investment clause.

 

Cr Andrews arrived at the meeting at this point (9.24pm).

 

MOTION: (Matson/Shurey) that:

 

a)       the attached Investment Policy be adopted with the addition of the proposed Fossil Fuel Investment clause; and

 

b)       a further report be brought back assessing divestment achievable to the Council through weighting non-fossil fuel dealing financial institutions one Standard & Poors credit rating higher when assessed against institutions offering equivalent investment returns. LOST.  

Councillors Belleli and Matson called for a DIVISION.

 

The DIVISION was taken and the names of the Councillors voting FOR and AGAINST were as follows:

 

FOR

AGAINST

Councillor Belleli

Councillor Andrews

Councillor Bowen

Councillor D'Souza

Councillor Garcia

Councillor Moore

Councillor Matson

Councillor Neilson

Councillor Shurey

Councillor Roberts

 

Councillor Smith

 

Councillor Stavrinos

 

Councillor Stevenson

Total (5)

Total (8)

 

MOTION: (Andrews/Moore) CARRIED UNANIMOUSLY- SEE RESOLUTION.

  

Notice of Rescission Motions

Nil. 

 

 

The meeting closed at 9.33pm.

 

 

The minutes of this meeting were confirmed at the Administration and Finance Committee Meeting of the Council of the City of Randwick held on Tuesday, 9 February 2016.

 

 

 

 

 

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

CHAIRPERSON