I.

DISCLOSURES OF PECUNIARY INTEREST

1.

That it BE NOTED no pecuniary interests were disclosed.

II.

CONSENT ITEMS

2.

Electrical Power Procurement – Lake Huron Primary Water Supply Systems

Recommendation:  That, on the recommendation of the Acting Executive Director, Planning, Environmental and Engineering Services and City Engineer, the following actions be taken with respect to electrical power procurement for the Lake Huron Primary Water Supply System:

a)         the provision of a guarantee to the Independent Electricity System Operator on behalf of the Lake Huron Primary Water Supply System BE CONFIRMED by the City of London, in its capacity as Administering Municipality for the Lake Huron Primary Water Supply System in accordance with the Transfer Order issued by the Minister of the Environment on September 15, 2000; and

b)         the Mayor and the City Clerk BE AUTHORIZED to execute the attached revised guarantee agreement with the Independent Electricity System Operator on behalf of the Lake Huron Primary Water Supply System Board of Management, by the Council for the City of London in its capacity as Administering Municipality for the Lake Huron Primary Water Supply System.

III.

SCHEDULED ITEMS

3.

The Finance and Administrative Services Committee met in camera from 2:05 PM to 3:22 PM with respect to a confidential matter pertaining to personal information about identifiable individuals including municipal employees, with respect to employment-related matters; advice that is subject to solicitor-client privilege, including communications necessary for that purpose; advice or recommendations of officers and employees of the Corporation, including communications necessary for that purpose; and for the purpose of providing instructions and directions to officers and employees of the Corporation.

(See Confidential Appendix Item C-1.)

IV.

ITEMS FOR DIRECTION

4.

Sound and Light Show for the World Figure Skating Championships

Recommendation:

That the following actions be taken with respect to the Sound and Light Show for the World Figure Skating Championships:

a)         the City of London maximum contribution to this project BE REDUCED by $150,000 to $450,000 (excluding HST); it being noted that Tourism London, through the application of $100,000 from its Special Initiatives Reserve Fund (approved by the Tourism London Board Executive and pending full Board approval March 20, 2012) and a $50,000 re-allocation of its overall operating budget, will commit to a financial contribution of $150,000 (excluding HST), to fulfill the requisite financial requirements in order to stage the Sound and Light Show; and

b)         Tourism London BE REQUESTED to press forward with the organization of a sponsorship committee to raise $200,000 through third party financial contributors, to offset the City’s maximum contribution, in accordance with the February 2012 sponsorship package and work plan;

it being noted that the Finance and Administrative Services Committee received a Municipal Council resolution dated March 21, 2012 from the City Clerk with respect to this matter.

V.

DEFERRED MATTERS/ADDITIONAL BUSINESS

None.

VI.

CONFIDENTIAL

(See Confidential Appendix to the 20th Report of the Finance and Administrative Services Committee enclosed for Members only.)

The Finance and Administrative Services Committee convened in camera from 2:05 PM to 3:22 PM after having passed a motion to do so, with respect to the following matters:

C-1.

A matter pertaining to personal information about identifiable individuals including municipal employees, with respect to employment-related matters; advice that is subject to solicitor-client privilege, including communications necessary for that purpose; advice or recommendations of officers and employees of the Corporation, including communications necessary for that purpose; and for the purpose of providing instructions and directions to officers and employees of the Corporation.

VII.

ADJOURNMENT