Agenda
Services and Resources
Committee Meeting
7 April 2008, 8:00PM
Notice of Meeting
Dear Councillors
Notice is given of the Services and Resources, to be held in the Council Chambers, Lower Ground Floor, 48 Longueville Road,
Lane Cove on Monday 7
April 2008 commencing at 8:00PM. The business to be
transacted at the meeting is included in this business paper.
Yours faithfully
Peter Brown
General Manager
Council
Meeting Procedures
The
Services and Resources Committee meeting is chaired by Councillor Joe
Hassarati. Councillors are entitled to one vote on a
matter. If votes are not unanimous the delegations of the Committee require
that the matter be referred to Council for determination. Minutes of Council
and Committee meetings are published on Council’s website
wwww.lanecove.nsw.gov.au by 5pm of the Thursday following the meeting.
The Meeting is conducted in accordance with Council's
Code of Meeting Practice. The order of business is listed in the Agenda on the
next page. That order will be followed unless the Committee resolves to modify
the order at the meeting. This may occur for example where the members of the
public in attendance are interested in specific items of the agenda.
Members of the public may attend the Meeting and
address the Committee on any issue.
Speakers and Councillors will not enter into general debate or ask
questions.
If you do not understand any part of the information
given above; require assistance to participate in the meeting due to a
disability; or wish to obtain information in relation to Council, please
contact Council’s Manager Governance on 99113525.
Please note meetings held
in the Council Chambers are recorded on tape for the purposes of verifying the
accuracy of minutes and the tapes are not disclosed to any third party under
section 12(6) of the Local Government Act, except as allowed under section
18(1) or section 19(1) of the PPIP Act, or where Council is compelled to do so
by court order, warrant or subpoena or by any other legislation.
|
Services and Resources Committee 7 April 2008
|
|
|
TABLE OF CONTENTS
|
|
|
|
|
DECLARATIONS OF INTEREST
APOLOGIES
CONFIRMATION
OF MINUTES
General Managers Reports
1. General Managers Report No. 10
SUBJECT: Monthly Review February / March 2008
Corporate Services Division Reports
2. Corporate Services Division Report No. 17
SUBJECT: Statement of Investment as at 29 February 2008
3. Corporate Services Division Report No. 19
SUBJECT: Legal Expenses for February 2008
|
Services
and Resources Committee
Meeting 7 April 2008
|
|
|
General Managers
Report No. 10
|
|
|
|
|
|
|
|
Reference: General
Managers Report No. 10
Subject: Monthly Review
February / March 2008
Record No: SU220 - 11900/08
Author(s): Anita
Holesgrove
Executive Summary
I attach for the information of Councillors the
Monthly Review for the period of February / March 2008.
The review covers the activities of Council during
that period.
|
RECOMMENDATION
That the information be received and noted.
|
Peter Brown
General Manager
General Managers Unit
ATTACHMENTS:
|
AT‑1 View
|
Monthly Review 03/08
|
33 Pages
|
|
|
Services
and Resources Committee
Meeting 7 April 2008
|
|
|
Corporate Services
Division Report No. 17
|
|
|
|
|
|
|
|
Reference: Corporate
Services Division Report No. 17
Subject: Statement of
Investment as at 29 February 2008
Record No: SU777 - 10370/08
Author(s): KG
Bascaran
Executive Summary
The report outlines the Council’s investment
performance for the month and it is recommended that the report be received and
noted.
Discussion
|
DATE
|
INSTITUTION
|
PRINCIPAL
|
DATE OF
|
TERM
|
RATE
|
|
INVESTED
|
|
|
MATURITY
|
DAYS
|
|
|
08/01/2008
|
BANK WEST
|
2,000,000.00
|
11/03/2008
|
63
|
7.14%
|
|
04/02/2008
|
BANK WEST
|
2,000,000.00
|
05/05/2008
|
91
|
7.54%
|
|
07/02/2008
|
BANK WEST
|
1,000,000.00
|
07/05/2008
|
90
|
7.54%
|
|
03/01/2008
|
BANK WEST
|
1,000,000.00
|
02/04/2008
|
90
|
7.26%
|
|
04/03/2008
|
BANK WEST
|
1,000,000.00
|
02/06/2008
|
90
|
8.10%
|
|
05/02/2008
|
CITIBANK LTD
|
1,000,000.00
|
07/04/2008
|
62
|
7.38%
|
|
25/01/2008
|
CITIBANK LTD
|
1,000,000.00
|
24/04/2008
|
90
|
7.33%
|
|
18/02/2008
|
CITIBANK LTD
|
1,000,000.00
|
18/05/2008
|
91
|
7.80%
|
|
10/12/2007
|
CITIBANK LTD
|
1,000,000.00
|
10/03/2008
|
91
|
7.30%
|
|
08/01/2008
|
CITIBANK LTD
|
1,000,000.00
|
11/03/2008
|
63
|
7.10%
|
|
07/01/2008
|
CITIBANK LTD
|
1,000,000.00
|
07/03/2008
|
60
|
7.10%
|
|
22/02/2008
|
IMB SOCIETY
|
1,000,000.00
|
22/05/2008
|
90
|
7.91%
|
|
25/02/2008
|
IMB SOCIETY
|
1,000,000.00
|
26/05/2008
|
91
|
7.90%
|
|
11/02/2007
|
IMB SOCIETY
|
2,000,000.00
|
12/05/2007
|
91
|
7.61%
|
|
25/02/2008
|
IMB SOCIETY
|
1,000,000.00
|
25/07/2008
|
151
|
8.05%
|
|
14/01/2008
|
IMB SOCIETY
|
1,000,000.00
|
14/04/2008
|
91
|
7.25%
|
|
21/02/2008
|
LGFS Ltd
|
1,000,000.00
|
21/05/2008
|
90
|
7.81%
|
|
14/01/2008
|
LGFS Ltd
|
1,000,000.00
|
14/03/2008
|
60
|
7.08%
|
|
16/01/2008
|
LGFS Ltd
|
1,000,000.00
|
18/03/2008
|
62
|
7.12%
|
|
16/01/2008
|
LGFS Ltd
|
1,000,000.00
|
15/04/2008
|
90
|
7.20%
|
|
08/01/2008
|
ST. GEORGE BANK
|
1,500,000.00
|
07/04/2008
|
90
|
7.23%
|
|
20/02/2008
|
ST.GEORGE BANK
|
1,000,000.00
|
21/04/2008
|
61
|
7.54%
|
|
11 AM A/C
|
ST.GEORGE BANK
|
2,700,000.00
|
Open
|
Variable
|
7.15%
|
|
|
|
28,200,000.00
|
|
|
|
The following investment was made during the month of
February 2008. This Investment was made in accordance with S.625 of the Local
Government Act, 1993 and the Local Government (Financial Management)
Regulation, 1993.
NET
INVESTMENT $ 1,100,000
|
RECOMMENDATION
That the report “Statement of Investments as at 29
February 2008” be received and noted.
|
Craig Wrightson
Executive Manager
Corporate Services
Division
ATTACHMENTS:
There are no supporting documents for this report.
|
Services and Resources Committee Meeting 7 April 2008
|
|
|
Corporate Services
Division Report No. 19
|
|
|
|
|
|
|
|
Reference: Corporate
Services Division Report No. 19
Subject: Legal Expenses for
February 2008
Record No: SU1371 - 11742/08
Author(s): KG
Bascaran
Executive Summary
The report outlines Council’s legal expenses paid for
the last month and it is recommended that the report be received and noted.
Discussion
The following legal expenses were paid during the past
months.
|
Pike Pike &
Fenwick
|
Previous
|
Current
|
Status
|
Initiated
|
|
10-12 Pool St – LECP 10881/2007
|
$ 11,590.15
|
$ 13,139.71
|
On Going
|
Applicant
|
|
24E Upper Cliff Rd
– LECP 10700/2006
|
$ 38,132.81
|
$ 22,564.42
|
On Going
|
Applicant
|
|
67 Mars Road – Legal Advice
|
Nil
|
$ 1,206.98
|
Final
|
LCC
|
|
38 Elizabeth
Parade – Legal Advice
|
Nil
|
$ 771.65
|
Final
|
LCC
|
Total $
37,682.76
==========
|
Budget Impact
|
|
|
|
|
|
General Ledger Account Details “Legal”
|
Account
Number
|
Budget
2008
|
Actual
Expenses
2007-2008
|
Budget
Available
|
|
Environmental Operating Expenses
|
4120.2531.254
|
$250,000
|
$ 249,497
|
$ 503
|
|
Development Health Operating Expenses
|
4230.2531.254
|
$20,000
|
$ 3,122
|
$ 16,878
|
|
Corporate Services Operating Expenses
|
125.2531.254
|
$12,000
|
$ 5,563
|
$ 6,437
|
|
Urban Services Operating Expenses
|
5025.2531.254
|
$ 3,000
|
$ 4,113
|
-$ 1,113
|
|
Planning Services Operating Expenses
|
625.2531.254
|
$ 5,000
|
$ 1,081
|
$ 3,919
|
|
RECOMMENDATION
That the Legal Expenses for February 2008 be
received and noted.
|
Craig Wrightson
Executive Manager
Corporate Services Division
ATTACHMENTS:
There are no supporting documents for this report.