Personnel and Audit Committee

Be It Resolved That the Committee approves the Agenda of the Personnel and Audit Committee dated September 23, 2025, as circulated.

Be It Resolved That the Committee approves the Minutes of a Meeting held May 27, 2025, as circulated and adopted by Council on June 12, 2025.

Be It Resolved That the Personnel and Audit Committee receives for information the Treasurer's Administrative Report entitled "Statement of Revenue & Expenditures –2025 Variance Report as of September 1, 2025“; And That the Committee recommends to Council that the cost of election training in 2025 be transferred from the Election Reserve Fund; And That the Committee recommends to Council that the cost of $6,131.75 for the Ompah Community Hall UV System be transferred from the Community Hall - sustainability TCA Reserve Fund.

Be It Resolved That Personnel and Audit Committee receives the Treasurer's Administrative Report entitled "Investment Update“, for information purposes; And That the Committee recommends to Council that the Treasurer invest $515,931 in GICs (2 and 3 year), $262,000 Government Bonds (2, 3 and 4 year) and $131,000 Equity Funds based on the recommendations from BMO Nesbitt Burns.

Be It Resolved That Council retires to Closed Session at 12:21 p.m. to: Discuss personal matters about an identifiable individual, including municipal or local board employees, specifically the Chief Administrative Officer's Performance Evaluation.

Be It Resolved That the Personnel and Audit Committee adjourns the meeting at 2:16 p.m. until December 16, 2025 at 9:00 a.m. or at the call of the Chair.