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

Meeting #:

Date:

Tuesday, November 19, 2024

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, 
• Michael Koktan - Manager of Financial Services, 
• 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

Festival Hydro Inc. and Festival Hydro Services Inc. Q2 and Q3 Updates (FIN24-033)

• Motion by

  Staff Recommendations: THAT the Festival Hydro Inc. financial results for the period ended June 30, 2024, and for the period ended September 30, 2024, be received for information;

  AND THAT the Festival Hydro Services Inc. financial results for the period ended June 30, 2024, and for the period ended September 30, 2024, be received for information.

5.

Report of the Manager of Financial Services

5.1

Third Quarter (Q3) 2024 Operating Variance Report as at September 30, 2024 (FIN24-034)

• Motion by

  Staff Recommendation: THAT the report titled “Third Quarter (Q3) 2024 Operating Variance Report as at September 30, 2024” (FIN24-034) dated November 19, 2024, be received for information.

6.

Advisory Committee/Outside Board Minutes

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

7.

Next Sub-committee Meeting

The next Finance and Labour Relations Sub-committee meeting is January 21, 2025 at 4:30 p.m. in the Council Chamber, City Hall.

8.

Adjournment

​Meeting Start Time:
Meeting End Time:

• Motion by

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