CENTRAL OKANAGAN REGIONAL

HOSPITAL DISTRICT BOARD MEETING

AGENDA

Meeting #:
Date:
Time:
-
Location:
Woodhaven Board Room
1450 K.L.O. Road, Kelowna, BC

Chair Given acknowledged that this meeting is being held on the traditional territory of the Syilx/Okanagan Peoples.

(All Directors - Unweighted Corporate Vote - Simple Majority - LGA 208.1)

  • Recommended Motion:

    THAT the agenda be adopted.

(All Directors - Unweighted Corporate Vote - Simple Majority - LGA 208.1)

  • Recommended Motion:

    THAT the Regional Hospital District Board meeting minutes of February 21, 2019 be adopted.

Staff to provide verbal overview of the financial plan.

1st, 2nd and 3rd reading and Adoption (All Directors - Weighted Vote - LGA 210.1) [Section 228 2/3 Vote for Adoption]

  • THAT Central Okanagan Regional Hospital District 2019 – 2023 Financial Plan Bylaw No. 1-2019 be given first, second and third readings and adopted.

(All Directors - Weighted Vote - LGA 210.1)

  • Recommended Motion:

    THAT pursuant to Section 31 of the Hospital District Act, the Board may by resolution, borrow for purposes other than capital expenditures by way of temporary loan such sums as the Board may deem necessary to meet current operating expenditures for the year, including the amounts required for principal and interest falling with the year upon any debt of the Board;

    AND WHEREAS pursuant to Section 25 of the Act, member municipalities and the Province are not required to make payment from taxation revenues of amounts requisitioned by a Regional Hospital District until August 1st of each year;

    AND WHEREAS estimated debt retirement, bank interest charges, and current capital expenditures in the amount of $16,500,000 must be repaid within 9 months of the date of the borrowing;

    NOW THEREFORE BE IT RESOLVED that, the Board of the Central Okanagan Regional Hospital District borrow, pursuant to Section 31 of the Hospital District Act, a sum or sums of money, the outstanding total of which shall not exceed $16,500,000 at any one time for the purpose of paying the above mentioned debt retirement, bank interest charges, current capital expenditures.

(All Directors - Weighted Vote - LGA 210.1)

  • THAT the Central Okanagan Regional Hospital District Board approves 1st, 2nd, and 3rd readings and adoption of the following bylaws:

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 225

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 226

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 227

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 228

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 229

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 230

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 231

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 232

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 233

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 234

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 235

    Central Okanagan Regional Hospital District Capital Expenditure Bylaw No. 236