CITY OF REVELSTOKE

MINUTES OF A SPECIAL COUNCIL MEETING HELD IN COUNCIL CHAMBERS MONDAY, SEPTEMBER 18, 2006,
COMMENCING AT 3:30 P.M.
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Present:
Council: Mayor Mark McKee
Councillors: P. Frew, C. Johnston, B. MacFarlane, N. Richardson, M. Singh
Excused: Councillor R. Gibbs

Staff:
G. Inglis, Director of Finance
E. Greenwood, Administration Secretary

Others:
D. Rooney, Revelstoke Times Review
Dr. G. Battersby
D. Johnson
R. Lenzi
B. Clarke
D. O’Brien
L. Thrale
L. Parker
B. Konkin



CALL TO ORDER:

Mayor McKee called the meeting to order at 3:30 p.m.


ADOPTION OF THE AGENDA:

Moved by Councillor Richardson, seconded by Councillor MacFarlane that the Agenda be adopted as presented.
CARRIED


BUSINESS ITEMS:

1. Revelstoke Community Energy Corporation

i. Retirement and Appointment of Directors

Moved by Councillor Frew, seconded by Councillor Johnston that:

WHEREAS the existing Directors are required by the Articles of Revelstoke Community Energy Corporation to retire at the Annual General Meeting;

NOW THEREFORE the Council of the City of Revelstoke, in open meeting assembled, resolves as follows:

a. The following Directors have retired as Directors:

Geoff Battersby
Peter Frew
Graham Inglis
David Johnson
Barry Konkin
Mark McKee
Matt Singh; and

b. That Council hereby elects the following individuals as Directors of the Company for a term to expire at the next Annual General Meeting of the Company or until their successors are elected or appointed, subject to the provisions of the Articles of the Company:

Geoff Battersby
Peter Frew
Graham Inglis
David Johnson
Barry Konkin
Mark McKee
Matt Singh.

CARRIED

ii. Revelstoke Community Energy Corporation’s Financial Statement – Year Ended April 30, 2006

Moved by Councillor MacFarlane, seconded by Councillor Johnston that the Revelstoke Community Energy Corporation’s Financial Statements for the year ended April 30th, 2006 be accepted as presented.
CARRIED


2. RCFC Holding Company Ltd.

i. Retirement and Appointment of Directors

Moved by Councillor MacFarlane, seconded by Councillor Frew that:

WHEREAS the existing Directors are required by the Articles of RCFC Holding Company Ltd. to retire at the General meeting;

NOW THEREFORE the Council of the City of Revelstoke, in open meeting assembled, resolves as follows:

a. The following Directors have retired as Directors:

Geoff Battersby
L. Ross McPhee
Mark McKee
Russell E. Gibbs
Rob Lenzi
Loni Parker
Christopher Johnston; and

b. That Council hereby elects the following individuals as Directors of the Company for a term to expire at the next Annual General Meeting of the Company or until their successors are elected or appointed, subject to the provisions of the Articles of the Company:

Geoff Battersby
L. Ross McPhee
Christopher H. Johnston
Rob Lenzi
Mark McKee
Russell E. Gibbs
Loni Parker.

CARRIED

ii. RCFC Holding Company Ltd.’s Non-Consolidated Financial Statements – Year Ended April 30, 2006

Moved by Councillor MacFarlane, seconded by Councillor Richardson that the RCFC Holding Company Ltd.’s Non-Consolidated Financial Statements for the year ended April 30th, 2006 be accepted as presented.
CARRIED


ADJOURNMENT:

Moved by Councillor Richardson, seconded by Councillor MacFarlane that the meeting adjourn at 3:35 p.m.
CARRIED




_______________________________
Director of Finance


______________________________
Mayor




Certified a true copy this _______ day of _________________, _________.