Finance Committee Decisions in Brief

6.2.1 Meewasin Valley Authority Financial Statements

Decision

*The Committee received the Financial Statements as information and have forwarded them to the August 18, 2016 City Council meeting.

Background

*Section 80(2) of the MVA Act states a copy of the annual audit shall be furnished to each participating party and elected officials of the City of Saskatoon.
*The Financial Statements are available here: http://owl.li/VSJj302oYvN

7.2.6 Design and Construction Agreement for Repair and Renovation of the Mendel Building

Decision

*The Committee is forwarding a report to the July 21, 2016 City Council meeting in support of the recommendations.

Background

*Capital replacements and repairs are planned for the Mendel Building when it is vacated. High-priority items include remediation of asbestos, a new boiler, new sprinklers, replacement of the fire alarm system, and accessibility improvements.
*The Mendel Building requires capital replacements and repairs by the City prior to the commencement of operations by the Museum of their tenant area.
*The City and Museum have identified that there is an opportunity to achieve efficiencies by combining responsibilities under a single design and construction agreement.
*The committee is recommending to City Council that the City enter into a design and construction agreement to repair and renovate the Mendel Building with the Children’s Discovery Museum on the Saskatchewan Inc. based on the key terms set out in this report.
*That the City endorse submission of this combined project by the Children’s Discovery Museum to the Canada Cultural Spaces Fund.