ADOPT,
Moved by Councillor Sutherland, Seconded by Councillor Chabot, that the
Administration Recommendations contained in Report C2015-0855 be adopted, as
follows:
1. Approve
the Investment Strategy review process as shown in Attachment 1 and direct that
Administration return by Q2 2016 with a recommended recast capital budget;
2. Approve
Administration’s proposed adjustments to the 2016 capital budget, shown in
Attachment 2, as
corrected, and adopt the 2016 capital budget of $2.34 billion as
adjusted, shown in Attachment 3;
3. Receive
for information Attachments 4 through 9; and
4. Approve
the carry forward of operating budgets from 2015 to 2016 as shown in
Attachment
10.
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