Financial Planning Committee Regular Meeting Minutes

Extracted text (beginning)

ADOPTED 
 
Financial Planning Committee 
Minutes of a Regular Meeting 
January 20, 2021 ADOPTED Page 1 of 5 
 
Financial Planning Committee 
Minutes of Regular Meeting 
 
Date of Meeting: 
Location: 
January 20, 2021 
Electronic Meeting 
  
Members Present:  Peter Grove, Chair  
Paul Brent, Vice Chair 
Laura Busheikin, Regional Planning Committee Representative 
Sue Ellen Fast, Executive Committee Representative 
Peter Luckham, Executive Committee Representative 
Deb Morrison, Trust Programs Committee Representative 
Laura Patrick, Executive Committee Representative 
Tahirih Rockafella, Local Trustee 
Dan Rogers, Executive Committee Representative 
Kate-Louise Stamford, Islands Trust Conservancy Board Representative 
  
Staff Present: Russ Hotsenpiller, Chief Administrative Officer 
Julia Mobbs, Director, Administrative Services 
David Marlor, Director, Local Planning Services 
Clare Frater, Director, Trust Area Services 
Robert Barlow, Legislative Services Clerk/Recorder 
  
1. CALL TO ORDER 
 
The meeting was called to order at 10:03 a.m. Chair Grove offered gratitude for being able to 
work and meet on the traditional and treaty territories of the Coast Salish First Nations. 
 
2. APPROVAL OF AGENDA 
 
2.1 New Items and Re-ordering of the Agenda 
The following addition was presented for consideration: 
 Item 6.1 – Verbal update on Insurance Options 
 
The following re-ordering of the agenda was presented for consideration: 
 Agenda item 6.1, Verbal update on Insurance Options, to be addressed before item 
5.1;  
 Agenda item 5.5 to be addressed immediately following agenda item 5.2.2. Staff 
noted that the briefing in agenda item 5.5, ‘Regional Planning Committee 2021/22 
Budget Amendments Pending Receipt of Grant’, was meant to be agenda item 5.2.3, 
Potential Fiscal 2021-22 Grant Funding, and will be addressed at that time. 
 
2.2 Approval of Agenda 
By general consent the Committee approved the agenda as amended. 

 ADOPTED 
 
Financial Planning Committee 
Minutes of a Regular Meeting 
January 20, 2021 ADOPTED Page 2 of 5 
 
3. ADOPTION OF MINUTES / COORDINATION 
 
3.1 Minutes of Meetings 
3.1.1 Financial Planning Committee Minutes of November 12, 2020 
By general consent the Committee approved the minutes as presented. 
 
3.2 Resolutions Without Meeting 
None. 
 
3.3 Follow up Action List 
Director Mobbs provided a status update to all items that are currently in progress. 
 
4. TRUST COUNCIL BUSINESS 
None. 
 
6. NEW BUSINESS 
 
 6.1  Insurance Options 
CAO Hotsenpiller reminded the Committee of significant increases in insurance 
premiums and deductibles for Islands Trust.  He indicated that he has been working with 
Director Mobbs to analyze the viability of Islands Trust self-insuring and to determine if 
Islands Trust could be insured through the Municipal Insurance Association of British 
Columbia (MIABC).  He stated that the MIABC would need to do an analysis to 
determine if they would provide insurance to the Trust, and if so, 

First 3,000 characters. Open the original for the whole document.