City of Port Moody
Special Council
Agenda

Tuesday, September 15, 2020

7:00 P.m. - 9:00 P.m.

Council Chambers

100 Newport Drive, Port Moody

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1.

Call to Order

2.

General Matters

2.1

Resolution to Go Into Finance Committee

• Recommendation(s):

  
  THAT Council go into Finance Committee.

3.

Finance Committee

3.1

Divesting the City’s Investment Portfolio Away from Fossil Fuels Analysis

Presentation: Peter Urbanc, Municipal Finance Authority

Report: Finance and Technology Department – Financial Services Division, dated February 14, 2020

• Recommendation(s):

  
  THAT the report dated February 14, 2020 from Finance and Technology Department – Financial Services Division regarding Divesting the City’s Investment Portfolio Away from Fossil Fuels Analysis be received for information;

  AND THAT staff be directed to amend Corporate Policy – 05-1860-01 – Investment of Available Funds to include a percentage of investments in the Municipal Finance Authority’s Fossil Fuel Free Short Term Bond Fund for Council’s consideration.

3.2

2020 Grant Funding Update – Second Quarter

Memo: Finance and Technology Department – Financial Services Division, dated August 25, 2020

• Recommendation(s):

  
  THAT the memo dated August 25, 2020 from the Finance and Technology Department – Financial Services Division regarding 2020 Grant Funding Update – Second Quarter be received for information.

3.3

Funding Request – Installation of Pedestrian-Controlled Signal at Elgin and Clarke

Report: Engineering and Operations Department – Project Delivery Services Division, dated August 26, 2020

• Recommendation(s):

  
  THAT $90,557 be allocated from the MTP Reserve and $236,285 be allocated from the DCC Reserve to fund the construction of a pedestrian-controlled signal at the intersection of Elgin Street and Clarke Street as recommended in the report dated August 26, 2020 from the Engineering and Operations Department – Project Delivery Services Division regarding Funding Request – Installation of Pedestrian-Controlled Signal at Elgin and Clarke.

3.4

Funding Source for COVID-19 Related Temporary Slow Zone and Road Reallocation Projects

Memo: Finance and Technology Department – Financial Services Division, dated September 4, 2020

• Recommendation(s):

  
  THAT the up to $9,000 required to implement the temporary slow zones and related communication plans be funded from the Capital Asset Reserve – Transportation Envelope as recommended in the memo dated September 4, 2020 from the Finance and Technology Department – Financial Services Division regarding Funding Source for COVID-19 Related Temporary Slow Zone and Road Reallocation Projects.

4.

Rise and Report

4.1

Resolution to Adopt Finance Committee Report

• Recommendation(s):

  
  THAT the recommendations approved at the Finance Committee meeting of September 15, 2020 be ratified.

5.

General Matters

5.1

Resolution to Go Into Committee of the Whole

• Recommendation(s):

  
  THAT Council go into Committee of the Whole.

6.

Public Input

7.

Committee of the Whole

7.1

Hybrid Council Meetings

Presentation: Corporate Officer

Memo: Legislative Services Division, dated August 31, 2020

7.2

Ioco Townsite Bridge Rehabilitation Feasibility

Report: Engineering and Operations Department – Project Delivery Services Division, dated August 14, 2020

• Recommendation(s):

  
  THAT the report dated August 14, 2020 from the Engineering and Operations Department – Project Delivery Services Division regarding Ioco Townsite Bridge Rehabilitation Feasibility be received for information.

7.3

Age-Friendly Assessment and Action Plan 2020-2030

Memo: Legislative Services Division, dated September 4, 2020

• Recommendation(s):

  
  THAT the Age-Friendly Assessment and Action Plan be endorsed as recommended in the report dated June 22, 2020 from the Planning and Development Department – Policy Planning Division regarding Age-Friendly Assessment and Action Plan;

  AND THAT the City seek formal recognition as an Age-Friendly British Columbia (AFBC) community.

7.4

Early Input – OCP-Rezoning (Apartment) – 2505-2517 St. George Street (Laidler Development)

Presentation: Development Planning Division

Presentation: Laidler Development

Report: Community Development Department – Development Planning Division, dated July 31, 2020

• Recommendation(s):

  
  THAT staff and the applicant consider the comments provided during the Committee of the Whole meeting held on September 15, 2020 as recommended in the report dated July 31, 2020 from the Community Development Department – Development Planning Division regarding Early Input – OCP-Rezoning (Apartment) – 2505-2517 St. George Street (Laidler Development).

7.5

Inlet Sports Field – Investing in Canada Infrastructure Program (Community, Culture, and Recreation) Grant Application 2020

Report: Engineering and Operations Department – Project Delivery Services Division, dated September 4, 2020

• Recommendation(s):

  
  THAT staff be directed to apply for grant funding under the Investing in Canada Infrastructure Program (ICIP) for Community, Culture, and Recreation (CCR) for the field component of the Inlet Sports Field project as recommended in the report dated September 4, 2020 from the Engineering and Operations Department – Project Delivery Services Division regarding Inlet Sports Field – Investing in Canada Infrastructure Program (Community, Culture, and Recreation) Grant Application 2020.

7.6

Request to pull Resolution NEB8 Greenhouse Gas Limits for New Buildings from UBCM Voting Block

Memo: Councillor Amy Lubik, dated August 31, 2020

• Recommendation(s):

  
  WHEREAS the resolution was updated in consultation with smaller communities to address the concerns that they raised during the 2019 UBCM resolution debate;

  AND WHEREAS climate change is accelerating so the context for the resolution has shifted;

  AND WHEREAS Port Moody has learned that approximately 46% of its emissions come from buildings and primarily their heating and hot water energy;

  AND WHEREAS a Step 5 building with gas, heat, and hot water can have much higher emissions than a Step 1 building with zero-emissions energy heating and hot water;

  AND WHEREAS building emission is a much more urgent issue than general building efficiency and where we have less than ten years to solve this urgent issue;

  AND WHEREAS, over the last year, Port Moody has seen building proposals consistent with the Step Code, but still using high-emissions gas, water, and home heating;

  THEREFORE BE IT RESOLVED THAT the City of Port Moody request that the UBCM Executive remove resolution NEB8 Greenhouse Gas Limits for New Buildings from the not endorse block;

  AND THAT the City of Port Moody request that the UBCM Executive add resolution NEB8 Greenhouse Gas Limits for New Buildings to the debate;

  AND THAT a copy of this resolution be forwarded to the UBCM Executives.

8.

Rise and Report

8.1

Adoption of Committee of the Whole Report

• Recommendation(s):

  
  THAT the recommendations approved at the Committee of the Whole meeting of September 15, 2020 be ratified.

9.

Legislative Matters

9.1

2021 Permissive Tax Exemption Bylaw – First Three Readings as Amended

Memo: Legislative Services Division, dated September 9, 2020

• Recommendation(s):

  
  THAT City of Port Moody Permissive Tax Exemption Bylaw, 2020, No. 3275 be read a first, second, and third time as recommended in the memo dated September 9, 2020 from the Legislative Services Division regarding 2021 Permissive Tax Exemption Bylaw – First Three Readings as Amended;

  AND THAT staff be directed to modify the public notice requirement of Council’s intention to adopt a Permissive Tax Exemption Bylaw reflecting an additional tax impact of $18,784 for 2021, $19,348 for 2022, and $19,929 for 2023.

10.

Adjournment