Present:

Director J. Stanhope Chairperson
Alternate
Director H. Kreiberg Electoral Area A
Director G. Lund Electoral Area B
Director E. Hamilton Electoral Area C
Director D. Haime Electoral Area D
Director P. Bibby Electoral Area E
Director L. Biggemann Electoral Area F
Director D. Bartram Electoral Area H
Director R. Longmuir City of Parksville
Alternate
Director A. Kruyt Town of Qualicum Beach
Director L. Sherry City of Nanaimo
Director G. Korpan City of Nanaimo
Director T. Krall City of Nanaimo
Director R. Cantelon City of Nanaimo
Director B. Holdom City of Nanaimo
Director L. McNabb City of Nanaimo

Also in Attendance:
K. Daniels Chief Administrative Officer
C. Mason General Manager of Corporate Services
N. Connelly General Manager of Community Services
B. Lapham General Manager of Development Services
N. Avery Manager of Financial Services
D. Trudeau Manager of Liquid Waste
N. Tonn Recording Secretary

PRESENTATION

2003 District 68 Transit Budget Issues.

The Chief Administrative Officer provided a verbal and visual update of the 2003 District 68 transit memo including tax requisition impacts on the municipalities and electoral areas. He also highlighted the new legislation requiring five year operating budgets, and explained some of the changes between the Provisional and Annual Budget.

The meeting recessed at 5:30 pm for dinner.

The meeting reconvened at 6:05 pm.

2003 – 2008 Financial Plan.

The General Manager of Corporate Services and the Manager of Financial Services presented a visual and verbal overview of the 2003 to 2008 financial plan, including highlights from each budget area.

ADJOURNMENT

MOVED Director Krall, SECONDED Director Bibby, that the meeting be recessed and reconvened immediately following the regular Committee of the Whole meeting.

CARRIED

TIME: 6:56 PM

The meeting reconvened at 9:20 pm.

The General Manager of Corporate Services summarized the 2003 to 2008 financial plan overview.

ADJOURNMENT

MOVED Director Sherry, SECONDED Director Holdom, that the meeting adjourn to allow for the reconvening of the Special Board meeting.

CARRIED

TIME: 9:33 PM

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CHAIRPERSON