The Corporation of the City of Stratford
Finance and Labour Relations Sub-committee
Open Session
AGENDA

Meeting #:

Date:

Tuesday, March 18, 2025

Time:

4:30 P.m. - 6:30 P.m.

Location:

Council Chamber, City Hall

Sub-committee Present:

• Councillor Hunter - Chair Presiding, 
• Councillor McCabe - Vice Chair, 
• Councillor Beatty, 
• Councillor Burbach, 
• and Councillor Nijjar 

Staff Present:

• Karmen Krueger - Director of Corporate Services, 
• Tatiana Dafoe - City Clerk, 
• and Miranda Franken - Council Clerk Secretary 

To watch the Sub-committee meeting live, please click the following link: https://video.isilive.ca/stratford/live.html

A video recording of the meeting will also be available through a link on the City's website https://calendar.stratford.ca/meetings following the meeting.

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1.

Call to Order

​The Chair to call the meeting to Order.

Land Acknowledgment

Moment of Silent Reflection

Respectful Conduct Statement

2.

Disclosure of Pecuniary Interest and the General Nature Thereof

​The Municipal Conflict of Interest Act requires any member of Council declaring a pecuniary interest and the general nature thereof, where the interest of a member of Council has not been disclosed by reason of the member’s absence from the meeting, to disclose the interest at the first open meeting attended by the member of Council and otherwise comply with the Act.

Name, Item and General Nature of Pecuniary Interest

3.

Delegations

None scheduled. 

4.

Report of the Director of Corporate Services

4.1

Municipal Debt Updates and Limits (FIN25-007)

• Motion by

  Staff Recommendation: THAT the report titled, “Municipal Debt Updates and Limits” (FIN25-007), be received;

  THAT Council authorize long-term borrowing for Britannia II in an amount not to exceed $4,550,000;

  AND THAT staff be authorized to proceed with finalizing the applicable documentation and rate negotiation with RBC and preparing any required by-laws to be brought to a subsequent meeting for Council approval.

4.2

Cash Holdings and Municipal Investment Performance 2024 (FIN25-008)

• Staff Recommendation: THAT the report titled, “2024 Cash Holdings and Investment Performance” (FIN25-008), be received for information.

4.3

2024 Annual Reports from Committees of Council (FIN25-009)

• Motion by

  Staff Recommendation: THAT the following 2024 Annual Reports from Committees of Council be received for information:

  • Active Transportation Advisory Committee,
  • Heritage Stratford Committee,
  • Accessibility Advisory Committee,
  • Stratfords of the World Committee, and
  • Communities in Bloom Committee.

4.4

Securities Policy (FIN25-010)

• Motion by

  Staff Recommendation: THAT the report titled, “Securities Policy” (FIN25-010), be received for information.

5.

Advisory Committee/Outside Board Minutes

There are no Advisory Committee/Outside Board minutes to be provided to Sub-committee.

6.

Next Sub-committee Meeting

The next Finance and Labour Relations Sub-committee meeting is April 22, 2025, at 4:30 p.m. in the Council Chamber, City Hall.

7.

Adjournment

​Meeting Start Time:
Meeting End Time:

• Motion by

  ​Sub-committee Decision: THAT the Finance and Labour Relations Sub-committee meeting adjourn.