5TH REPORT OF THE

 

Audit Committee

 

meeting held on October 14, 2015, commencing at 12:04 PM, in the Council Chambers, Second Floor, London City Hall. 

 

PRESENT:  Councillor P. Hubert (Chair), Councillors A. Hopkins, S. Turner and M. van Holst, S. Khullar and B. Westlake-Power (Secretary). 

 

ALSO PRESENT:  A.L. Barbon, J. Braam, B. Coxhead, K. Dawtrey, I. Jefferies (KPMG), V. McAlea Major, D. McLean (PwC), C. Shah (PwC) and J. Stanford.

 

I.	CALL TO ORDER

 

1.	Disclosures of Pecuniary Interest

 

That it BE NOTED that Councillor A. Hopkins disclosed a pecuniary interest in clause 2 having to do with the Quarterly Report on Internal Audit Results – Parks and Recreation: Costs Structure and Delivery Model, as well as C-1, having to do with the Confidential Appendix to the above-noted report, by indicating that her son is a seasonal employee of the department.

 

II.	CONSENT ITEMS

 

III.	SCHEDULED ITEMS

 

IV.	ITEMS FOR DIRECTION

 

2.	Quarterly Report on Internal Audit Results - Parks and Recreation: Cost Structure and Delivery Model

 

That, on the recommendation of PricewaterhouseCoopers (PwC), the following actions be taken:

 

a)          the action plans identified in the Report on Internal Audit Results – Parks & Recreation: Cost structure and delivery model, dated October 14, 2015, BE IMPLEMENTED; and,

 

b)          the Internal Audit Scorecard, dated October 2015, BE RECEIVED.

 

V.	DEFERRED MATTERS/ADDITIONAL BUSINESS

 

            None.

 

VI.	CONFIDENTIAL

 

(Confidential Appendix enclosed for Members only.)

 

C-1.

The Audit Committee convened in camera from 12:31 PM to 12:54 PM, after having passed a motion to do so, with respect to a matter pertaining to labour relations or employee negotiations, advice or recommendations of officers and employees of the Corporation, including communications necessary for that purpose with respect to the Quarterly Report on Internal Audit Results – Parks & Recreation: Cost structure and delivery model.

 

VII.	ADJOURNMENT

 

            The meeting adjourned at 12:55 PM.