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MINUTES - Special Council - 20091117 TOWN OF AURORA SPECIAL GENERAL COMMITTEE MEETING MINUTES AUDIT COMMITTEE NO. 09-28 Council Chambers Aurora Town Hall Tuesday, November 17, 2009 ATTENDANCE COMMITTEE MEMBERS Mayor Morris in the Chair; Councillors Buck (arrived at 6:42 p.m.), Gaertner, Gallo, Granger, MacEachern (arrived at 6:56 p.m.), McRoberts, and Wilson MEMBERS ABSENT Councillor Collins-Mrakas OTHER ATTENDEES Chief Administrative Officer, Town Solicitor/Acting Town Clerk, Director of Corporate and Financial Services/Treasurer, and Council/Committee Secretary Mayor Morris called the meeting to order at 6:15 p.m. I DECLARATIONS OF PECUNIARY INTEREST There were no declarations of pecuniary interest under the Municipal Conflict of Interest Act. II APPROVAL OF AGENDA General Committee recommends: THAT the agenda as circulated by the Customer and Legislative Services Department be approved as presented. CARRIED III DELEGATIONS a) Mr. Allister Byrne, Grant Thornton Auditors Re: 2008 Financial Statements and 2009 Audit Plan Mr. Allister Byrne addressed the Committee to provide a high level overview of the 2008 Year End Audited Financial Statements, as well as the 2009 Audit Plan. General Committee recommends: THAT the Library Board be requested to provide to Council, annual audited financial statements, approved by the Library Board, along with the auditor’s report. CARRIED Special General Committee Meeting Minutes Tuesday, November 17, 2009 Page 2 of 3 General Committee recommends: THAT the comments of the delegate be received for information. CARRIED IV CONSIDERATION OF ITEMS 1. AC09-002 –Year End Audited Financial Statements General Committee recommends: THAT the 2008 Audit Report and Financial Statements for the year-ended December 31, 2008 be received and published on the Town’s web site in accordance with Section 295 of the Municipal Act, 2001; and THAT, in future, the presentation of the year end audited financial statements be presented at a Council meeting. CARRIED 2. AC09-003 – 2009 Audit Plan General Committee recommends: THAT the 2009 year end Audit Plan as proposed by Grant Thornton be endorsed. CARRIED General Committee recommends: THAT Grant Thornton be engaged to complete the planned audit at a fee not to exceed $60,300 plus disbursements and applicable taxes. CARRIED General Committee recommends: THAT the Treasurer be authorized to approve additional fees up to a further 10% for additional works and efforts required of the audit in the event of adverse findings, or required assistance to staff or similar costs are incurred. CARRIED X CLOSED SESSION None Special General Committee Meeting Minutes Tuesday, November 17, 2009 Page 3 of 3 XI ADJOURNMENT General Committee recommends: THAT the meeting be adjourned at 7:29 p.m. CARRIED _______________________________ ________________________________ PHYLLIS M. MORRIS, MAYOR CHRISTOPHER C. COOPER ACTING TOWN CLERK THE REPORT OF THE SPECIAL GENERAL COMMITTEE MEETING 09-28 WAS CONSIDERED AND APPROVED BY COUNCIL AT ITS MEETING HELD ON TUESDAY, NOVEMBER 24, 2009, WITH THE EXCEPTION OF ITEM 1, WHICH WAS DISCUSSED SEPARATELY AND APPROVED AS ORIGINALLY PRESENTED.