THE REGIONAL MUNICIPALITY OF PEEL

AUDIT COMMITTEE

M I N U T E S    AC-2010-4 


The Audit Committee met on Thursday, June 24, 2010, at 9:07 a.m. in the Council Chamber, Regional Administrative Headquarters, 10 Peel Centre Drive, Brampton.

 
Members Present:
E. Kolb, C. Corbasson, A. Thompson
 
 
Members Absent:
G. Miles, due to vacation; R. Whitehead, due to other municipal business
 
 
Also Present:
D. Szwarc, Chief Administrative Officer; N. Trim, Chief Financial Officer and Commissioner of Corporate Services; D. Bingham, Treasurer and Director of Corporate Finance; P. O’Connor, Regional Solicitor and Director, Legal and Risk Management; P. Wallis, Director, Internal Audit; J. Appleton, Manager, Internal Audit; C. Reid, Regional Clerk; H. West, Committee Clerk

_______________________________
* See text for arrivals
¨See text for departures


Chaired by Regional Chair Kolb


1. DECLARATIONS OF CONFLICT OF INTEREST - Nil


2. APPROVAL OF AGENDA

RECOMMENDATION AC-5-2010:

That the agenda for the June 24, 2010, Audit Committee meeting be approved.


3. DELEGATIONS/PRESENTATIONS - Nil


4. JOINT REPORT – REGION OF PEEL AND PEEL HOUSING CORPORATION

a) Appointment of External Auditors 2010 to 2014

RECOMMENDATION AC-6-2010:

That the contract (Document 2010-354P) for the External Audit Services – Fiscal Years 2010 to 2014 be awarded to Deloitte & Touche LLP in the total amount of $590,000 excluding applicable taxes, in accordance with Purchasing By-Law 63-2008.


5. COMMUNICATIONS
- Nil


6. IN CAMERA MATTERS
- Nil


7. OTHER BUSINESS
- Nil


8. NEXT MEETING

The next meeting date of the Audit Committee is scheduled for July 8, 2010 at 8:30 a.m., Regional Administrative Headquarters, Council Chamber, 5th floor, 10 Peel Centre Drive, Suite A, Brampton, ON.

Please forward regrets to Helena West, Legislative Specialist, (905) 791-7800, extension 4697 or helena.west@peelregion.ca.


9. ADJOURNMENT

The meeting adjourned at 9:10 a.m.