The Corporation of the City of Stratford
Finance and Labour Relations Committee
Open Session
AGENDA

Meeting #:

Date:

Monday, April 14, 2025

Time:

7:05 P.m. - 9:05 P.m.

Location:

Council Chamber, City Hall

Committee Present:

• Councillor Hunter - Chair Presiding, 
• Councillor McCabe - Vice Chair, 
• Mayor Ritsma, 
• Councillor Beatty, 
• Councillor Biehn, 
• Councillor Briscoe, 
• Councillor Burbach, 
• Councillor Henderson, 
• Councillor Nijjar, 
• Councillor Sebben, 
• and Councillor Wordofa 

Staff Present:

• Adam Betteridge - Interim Chief Administrative Officer, 
• Tatiana Dafoe - City Clerk, 
• Tim Wolfe - Director of Community Services, 
• Karmen Krueger - Director of Corporate Services, 
• Kim McElroy - Director of Social Services, 
• Taylor Crinklaw - Director of Infrastructure Services, 
• Neil Anderson - Director of Emergency Services/Fire Chief, 
• and Audrey Pascual - Deputy Clerk 

To watch the 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.

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.

Sub-committee Minutes

​Sub-committee minutes are attached for background regarding the discussion held at the March 18, 2025 Sub-committee meeting.

4.

Delegations

None scheduled.

5.

Report of the Director of Corporate Services

5.1

Municipal Debt Updates and Limits (FIN25-007)

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.

• Motion by

  Sub-committee 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.

5.2

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.

• Motion by

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

5.3

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

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.

• Motion by

  Sub-committee 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.

5.4

Securities Policy (FIN25-010)

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

• Motion by

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

6.

For the Information of Committee

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

7.

Adjournment

​Meeting Start Time:
Meeting End Time:

• Motion by

  ​Committee Decision: THAT the Finance and Labour Relations Committee meeting adjourn.