Finance and Audit Committee Meeting

That the agenda for the August 3, 2021 Finance and Audit Committee be approved."

That the Finance and Audit Committee receive correspondence item 6a for information regarding Capital Gains Tax Exemptions on Primary Residence; and Further That the Committee recommend that County Council support the Correspondence from the City of Sarnia."

That the Finance and Audit Committee receive Report 2021-125 ‘Procurement Activity Quarterly Report – Q2 2021’ for information, noting that the Procurement By-law 2018-26 under section 4.2.2 requires the Purchasing Manager to provide a quarterly report to Council that includes itemization of all purchases between $100,000 and $500,000; and Further That the Committee recommend that County Council receive this report for information.”

That the Finance and Audit Committee, having considered Report 2021-126 ‘Development Charges Background Study Update’, note that County Council adopted By-law 2020-36 effective October 1, 2020 imposing County-wide Development Charges, and that Development Charges Act under Bill 197, the COVID-19 Economic Recovery Act, 2020 eliminates the 10% discount previously applicable to Development Charges on some municipal services; and Further That the Committee recommend that County Council enact a by-law to amend Development Charges By-law 2020-36 for the County of Northumberland at the August 25, 2021 County Council Meeting.”