Minutes for Audit Committee April 23, 2003 Meeting

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Special Audit Committee

Meeting Minutes1

April 23, 2003, mj

SPECIAL AUDIT COMMITTEE MINUTES

Wednesday, April 23, 2003

MEMBERS: / PRESENT:
B. Smith, Chair / B. Smith
A. Bolstad, Vice-Chair / A. Bolstad
T. Cavanagh / T. Cavanagh
L. Langley / L. Langley
J. Melnychuk / J. Melnychuk

ALSO IN ATTENDANCE:

Councillor B. Anderson

Councillor S. Mandel

A. Sinclair, Office of the City Clerk

A.1.CALL TO ORDER

Mayor B. Smith called the meeting to order at 3 p.m.

A.2.ADOPTION OF AGENDA

MOVED T. Cavanagh:

That the Special Audit Committee agenda for the April 23, 2003, meeting be adopted with the addition of the following item:

J.1.a.CCity of Edmonton 2002 Consolidated Financial Statements.

CARRIED

FOR THE MOTION:B. Smith; A. Bolstad, T. Cavanagh, L. Langley,
J. Melnychuk.

A.3.ADOPTION OF MINUTES.

MOVED T. Cavanagh:

That the minutes of the March 27, 2003, Audit Committee meeting be adopted.

CARRIED

FOR THE MOTION:B. Smith; A. Bolstad, T. Cavanagh, L. Langley,
J. Melnychuk.

J.OTHER COMMITTEE REPORTS

J.1.a.CCity of Edmonton 2002 Consolidated Financial Statements 

R. Rosychuk, Corporate Services Department, made a presentation and answered the Committee's questions. C. Engelking, Corporate Services Department, answered the Committee's questions.

Councillors B. Anderson and S. Mandel entered the meeting.

MOVED A. Bolstad:

That Audit Committee recommend to City Council:

That the April 16, 2003, Corporate Services Department report be received for information

CARRIED

FOR THE MOTION:B. Smith; A. Bolstad, T. Cavanagh, L. Langley,
J. Melnychuk.

J.1.b.CKPMG’s Audit Report Related to the Consolidated Financial Statements. 

J. Mulkins, KPMG, answered the Committee's questions.

MOVED J. Melnychuk:

That the Committee meet in private.

carried

FOR THE MOTION:B. Smith; A. Bolstad, T. Cavanagh, L. Langley,
J. Melnychuk.

The Committee met in private at 3:36 p.m.

MOVED J. Melnychuk:

That the Committee meet in public.

carried

FOR THE MOTION:B. Smith; A. Bolstad, T. Cavanagh, L. Langley,
J. Melnychuk.

The Committee met in public at 3:49 p.m.

Councillors B. Anderson and S. Mandel were in attendance.

MOVED L. Langley:

That Audit Committee recommend to City Council:

That the KPMG Audit Findings Report to the Audit Committee of the City of Edmonton for the Year Ended December 31, 2002, be received for information.

CARRIED

FOR THE MOTION:B. Smith; A. Bolstad, T. Cavanagh, L. Langley,
J. Melnychuk.

N.NOTICES OF MOTION

Mayor B. Smith asked whether there were any Notices of Motion. There were none.

(Sec. 91. B.L. 12300)

O.ADJOURNMENT

The meeting adjourned at 3:50 p.m.

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CHAIRCITY CLERK

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Special Audit Committee

Meeting Minutes1

April 23, 2003, mj

INDEX

SPECIAL AUDIT COMMITTEE MINUTES

APRIL 23, 2003

A.1.CALL TO ORDER......

A.2.ADOPTION OF AGENDA......

A.3.ADOPTION OF MINUTES......

J.OTHER COMMITTEE REPORTS......

J.1.a.CCity of Edmonton 2002 Consolidated Financial Statements 

J.1.b.CKPMG’s Audit Report Related to the Consolidated Financial Statements. 

N.NOTICES OF MOTION......

O.ADJOURNMENT......

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Index - Special Audit Committee

Meeting Minutes

April 23, 2003, mj