AUDIT COMMITTEE
TOWN OF
Canada Room,
MINUTES
Attendance
|
Chair: Councillor
S. Daurio Vice-Chair,
Budget Councillor D.
Horchik Vice-Chair, IT Reg. Councillor B.
O’Donnell Members: Reg.
Councillor J. Heath Councillor
J. Virgilio Councillor
K. Usman Councillor A. Chiu Others: Deputy
Mayor F. Scarpitti Councillor
E. Shapero Councillor
J. Webster Councillor
G. McKelvey |
J. Livey, Chief Administrative Officer C. Conrad, Town Solicitor A. Taylor, Commissioner of Corporate Services J. Sales, Commissioner of Community and Fire Services S. Birrell, Town Clerk B. Cribbett, Treasurer J. Lustig, Director of Financial & Client Services F. Wong, Manager, Financial Planning J. Kee,
Committee Clerk |
The Audit Committee
convened at the hour of
DISCLOSURE OF INTEREST
None
1. APPOINTMENT OF AUDITORS FOR THE
2005 FISCAL YEAR END (7.2)
Copies of the 2004 Town of
Mr. Kevin Travers, Senior Partner with KPMG, was in attendance with respect to the external auditing process.
In response to a query of Committee, Ms. B.
Cribbett, Treasurer, advised that in April of 2005, Council approved the draft
consolidated financial statements for the fiscal year ended
Moved by Councillor A. Chiu
Seconded by Councillor D. Horchik
That Council appoint
KPMG, LLP as the Town’s auditors to complete the review of the Town’s financial
records for the year ending
And that, Council appoint KPMG, LLP as the external auditors for the Town’s Agencies, Boards and Commissions.
CARRIED
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Moved by Councillor K. Usman
Seconded by Regional Councillor B. O’Donnell
That
the meeting move into in-camera session at
CARRIED
Moved by Regional Councillor B. O’Donnell
Seconded by Councillor J. Virgilio
That
the committee rise at
CARRIED
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ADJOURNMENT
The Audit Committee
adjourned at