April 13, 2016, at 4:00 PM
Present:
P. Hubert, A. Hopkins, S. Turner, M. van Holst, S. Khullar, B. Westlake-Power (Secretary)
Also Present:
J. Helmer; A. Zuidema, A.L. Barbon, K. den Bok (KPMG), I. Jefferies (KPMG), S. Spring, S. Swance
1. Disclosures of
Pecuniary Interest
That it BE NOTED that no pecuniary interests were disclosed.
2. RFP Process for
Internal and External Audit Services
That the following actions be taken with respect to the Internal and External Audit Service RFP process: a) on the recommendation of the Deputy City Treasurer, the staff report dated April 13, 2016 regarding the RFP process for internal and external audit services BE RECEIVED and endorsed in principle; b) an additional meeting of the Audit Committee BE SCHEDULED for a time in advance of the May 31, 2016 Municipal Council meeting; and, c) the Civic Administration BE DIRECTED to provide a report at the above-noted additional Audit Committee meeting with respect to the efficacy and realized results of the current out-sourced Internal Audit contract.