Alternative Funding Sources and Level of Service and Policy Options

Courtenay's Finance Select Committee “Alternative Funding Sources and Level of Service and Policy Options”; was adopted by Council resolution April 15, 2019. Learn more: April 15, 2019 Regular Council Meeting

BACKGROUND

Courtenay City Council formed a Council Select Committee on Alternative Funding Sources and Level of Service and Policy Options (Finance Select Committee) and adopted a Terms of Reference (TOR) in June 2019.

The committee was established to examine, inquire and identify:

• Alternative Asset Management funding sources to minimize the impact of assuming new long-term capital debt;

• Level of Service options that align with taxpayers’ willingness to pay.

The committee will submit its findings and recommendations in a written report to Council January 2021.

• Committee Terms of Reference [PDF - 515 KB]

• Staff Report & Asset Management Policy No. 1670.0.02 [PDF - 925 KB]

• Briefing Note & DRAFT Asset Management Bylaw No. 2981 [PDF - 865 KB]

The Community Charter section 142 stipulates that a council may “establish and appoint a select committee to consider or inquire into any matter and to report its findings and opinion to the council”. The Finance Select committee will function in accordance with Council Procedure Bylaw No. 2730 [PDF - 91 KB] and will be in service for the period of October 25, 2019 - January 2021.

MEETINGS

Due to the Coronavirus COVID-19 emergency, the City of Courtenay has implemented changes to its open Council and Committee meetings.

In the interest of public health and safety, in-person attendance by members of the public at meetings will be prohibited until further notice.

Meetings are available for viewing via livestreaming. Livestream link: Available shortly before 11:00 a.m. on the City of Courtenay's YouTube Channel

Council Finance Select Committee on Alternative Funding Sources and Level of Service and Policy Options are considered "Draft" until formally adopted by the Committee.

APPEAR AS A DELEGATION

Any member of the public may appear as a delegation at the Finance Select Committee meeting, providing arrangements are made in advance.

Requests to appear as a delegation must be received in writing at least four working days prior to the day of the meeting, including the name and address of the spokesperson, and the specific written details of each delegation.

Petitions must be original copies, and include the printed name and address of each petitioner. The petition must deal with matters that fall under Council’s jurisdiction.

Any materials to be presented regarding the delegation must be received by the Corporate Officer or Deputy Corporate Officer at least four working days prior to the day of the meeting.

Application Form
To download the fillable PDF form visit here: Delegation Application Form  [PDF - 695 KB]