Finance Committee

THAT all Items for Consideration (Items 4.1.1 to 4.1.4) and Consent Items (Items 4.2.1 to 4.2.2) BE APPROVED. 2 The following Item was separated for discussion purposes: 4.1.1 Funding Agreement – Court Security Prisoner Transportation Program [Financial Impact - $1,412,650.37], 2019-174 The following Items for Consideration (Items 4.1.2 to 4.1.4) and Consent Items (Items 4.2.1 to 4.2.2) not separated for discussion purposes were then voted on and approved: 4.1.2 Financing Lease Policy – Establish Non-Material Lease Categories for 2019 [Financial Impact – None], 2019-158 a. THAT Report 2019-158, entitled “ Financing Lease Policy – Establish Non-Material Lease Categories for 2019” BE RECEIVED; and b. THAT pursuant to Finance Policy 006, the Municipal Council of The Corporation of the City of Brantford hereby ACCEPTS and AGREES with the opinion of the General Manager of Corporate Services, City Treasurer that the total number of all financing leases of the following categories, already entered into or proposed to be entered into during the year 2019, will not result in a material impact for the municipality: i. All existing non-material financing leases which have been duly entered into on or before the date hereof; ii. Leases for photocopiers and facsimile machines which have been entered into pursuant to the City’s Purchasing Policy; iii. Leases of real property where the lease is for nominal or token consideration; iv. Vehicle leases, including leases for cars, vans and picku