April 29, 2015, at 4:02 PM

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1.   Disclosures of

Pecuniary Interest

That it BE NOTED that no pecuniary interests were disclosed.

2.   London Police

Services Board - Report on Internal Audit Results

That the following PricewaterhouseCoopers Reports on Internal Audit Results for the London Police Services Board, BE RECEIVED:   a)         Revenue-Generating Activities; b)         Personnel Costs; and, c)         Budgeting Process;   it being noted that the Audit Committee received a verbal presentation from J. Eberhard, London Police Services Board (LPSB) Chair, and P. Paolatto, LPSB Member, with respect to this matter.

3.   London Downtown

Closed Circuit Television Program - Report on Specified Auditing Procedures

That the KPMG Report on Specified Auditing Procedures, dated February 13, 2015, BE RECEIVED.

4.   Report on Internal

Audit Results - Engineering and Environmental Services: Roads & Transportation - Project Management and Resource Utilization

That, on the recommendation of PricewaterhouseCoopers (PwC), the following actions be taken:   a)            the action plans identified in the Report on Internal Audit Results – Engineering and Environmental Services - Roads and Transportation - Project Management and Resource Utilization, dated April 29, 2015, BE IMPLEMENTED; and,   b)            the Internal Audit Scorecard, dated April 2015, BE RECEIVED.

5.   Report on Internal

Audit Results - Engineering and Environmental Services: Roads & Transportation - Capital Budget Development and Project Costing

That, on the recommendation of PricewaterhouseCoopers (PwC), the action plans identified in the Report on Internal Audit Results – Engineering and Environmental Services - Roads and Transportation – Capital Budget Development and Project Costing dated April 29, 2015 BE IMPLEMENTED.

(See Confidential Appendix to the 3rd Report of the Audit Committee enclosed for Members only.)

The Audit Committee convened in camera from 5:05 PM to 5:35 PM, after having passed a motion to do so, with respect to the following matters:

(See Confidential Appendix to the 3rd Report of the Audit Committee enclosed for Members only.)

The Audit Committee convened in camera from 5:05 PM to 5:35 PM, after having passed a motion to do so, with respect to the following matters: