July 20, 1999

BUDGET ADVISORY COMMITTEE:

The Policy and Finance Committee at its meeting on July 20, 1999, had before it a report (July 13, 1999) from the Chief Financial Officer and Treasurer and the Acting Commissioner of Corporate Services recommending that:

(1)a maximum of $44.2 million be set as the limit for the 1999 purchase of vehicles and equipment which includes the amount previously approved by Council for the Police Services Board, and 10 snowblowers for Transportation Services, and this funding be allocated by program as per Appendix E;

(2)the replacement of vehicles identified in Appendix F be approved in the amount of $16.4 million from the Vehicle and Equipment Replacement Reserve and that the Acting Commissioner of Corporate Services report to the Policy and Finance Committee on specific vehicle replacements for the balance of the allocation contained in Appendix E; and

(3)the Chief Financial Officer and Treasurer in conjunction with the Acting Commissioner of Corporate Services report on the feasibility of leasing the corporation's fleet requirements, or a portion thereof.

The Policy and Finance Committee adopted the following motions with a direction that they be tabled until such time as the Budget Advisory Committee has considered and reported thereon to the Policy and Finance Committee; and having further requested that the Budget Advisory Committee meet as soon as possible to give consideration thereto:

Moved by Councillor Ootes:

"That the Policy and Finance Committee recommend to Council the adoption of the joint report (July 13, 1999) from the Chief Financial Officer and Treasurer and the Acting Commissioner of Corporate Services subject to:

(1)amending Recommendation No. (2) by deleting the sum of "$16.4 million" and inserting in lieu thereof the sum of "$40.0 million"; and

(2)amending Appendix F attached to the aforementioned report by adding thereto the attached scheduled."

Moved by Councillor Pantalone:

"That all reference in the joint report (July 13, 1999) from the Chief Financial Officer and Treasurer and the Acting Commissioner of Corporate Services, to the CNE be replaced with the words "Exhibition Place" and that staff review that issue to ensure that this error does not occur in the future."

Moved by Councillor Rae:

"That the Chief Financial Officer and Treasurer be requested to submit a report to the Policy and Finance Committee on the use of alternative fuels for these vehicles."

City Clerk

P. A. Morris/in

Item No. 40

Attachment

c:Chief Financial Officer and Treasurer

Acting Commissioner of Corporate Services

Att.