I hereby give notice that a meeting of the

FINANCE AND CORPORATE BUSINESS COMMITTEE

will be held as follows:

Members:

Ex Officio:

1. APOLOGIES

   At the close of the agenda no apologies had been received.

2. CONFIRMATION OF MINUTES

   The minutes of the Finance and Corporate Business Committee meeting held on Thursday, 15 February 2007 to be confirmed as a true and correct record.

3. EXTRAORDINARY BUSINESS

   Section 46A(7) of the Local Government Official Information and Meetings Act 1987 (as amended) states:
   "An item that is not on the agenda for a meeting may be dealt with at that meeting if-
   (a)	The local authority by resolution so decides; and
   (b)	The presiding member explains at the meeting at a time when it is open to the public,-
   	(i)	The reason why the item is not on the agenda; and
   	(ii)	The reason why the discussion of the item cannot be delayed until a subsequent meeting."
   Section 46A(7A) of the Local Government Official Information and Meetings Act 1987 (as amended) states:
   "Where an item is not on the agenda for a meeting,-
   (a)	That item may be discussed at that meeting if-
   	(i)	That item is a minor matter relating to the general business of the local authority; and
   	(ii)	The presiding member explains at the beginning of the meeting, at a time when it is open to the public, that the item will be discussed at the meeting; but
   (b)	no resolution, decision, or recommendation may be made in respect of that item except to refer that item to a subsequent meeting of the local authority for further discussion."

4. PUBLIC FORUM

   A period of time (approximately 20 minutes) is set aside for members of the public to address the meeting on matters within its delegated authority. A maximum of 5 minutes per item is allowed, following which there may be questions from members.

   The following requests have been received to address the meeting:

   4.1	MS PENNY BRIGHT - METROWATER WATER RESTRICTIONS
   	Ms Penny Bright will address the committee regarding the latest development of Metrowater's restrictions, and her belief that Metrowater's actions in relation to the restrictions has been unlawful.

5. REPORTS REQUESTED/PENDING

   L Manaia
   Democracy advisor	9 March 2007

   Providing a list of reports requested/pending and requesting to change a target date as follows:

   Recommending that the report from the Democracy advisor dated 9 March 2007 as amended be received.

   [ATTACHMENT 5]

   Pages 1 - 2

6. FINANCIAL REPORT FO THE SEVEN MONTHS ENDED 31 JANUARY 2007

   M Mohan
   Reporting accountant	16 February 2007

   Providing the actual results for the seven months ended 31 January 2007 compared to forecast one.

   Recommending that the financial report for the seven months ended 31 January 2007 highlighting a favourable operating surplus variance of $0.02 million against forecast, a capital expenditure underspend of $24.0 million against forecast and the risk to achievement of forecast year-end capital expenditure, be received.

   [ATTACHMENT 6]

   Pages 3 - 12

7. DEPRECIATION REVIEW AT AUCKLAND CITY

   D Jeffrey
   Asset planning manager	2 March 2007

   Providing a review of the baseline service levels and depreciation regime.

   Recommending that the committee accept the conclusions that no changes are required to the methodology or rates that are used in calculating depreciation for Auckland City.

   [ATTACHMENT 7]

   Pages 13 - 18

8. COMMISSION OF LIVING EARTH LTD FOR URGENT REMEDIATION OF CONTAMINATED SOIL AT VICTORIA PARK

   M Herrmann
   Environmental and utility management	21 February 2007

   Providing a report on the remediation of affected areas of Victoria Park.

   That it be a recommendation to council that a budget of $1,645,000 be allocated to the urgent remediation of contaminated soil at Victoria Park, taking into account the protection of scheduled heritage trees. Furthermore, that the committee release funds from the provisional contaminated land fund for Stage 1 Victoria Park remediation works to a value of $968,242 in accordance with the approved Victoria Park Remediation procurement plan.

   [ATTACHMENT 8]

   Pages 19 - 25

9. EXCLUSION OF THE PUBLIC : LOCAL GOVERNMENT OFFICIAL INFORMATION AND MEETINGS ACT 1987

   Lee Manaia
   Democracy Advisor	9 March 2007
   Section 48, Local Government Official Information and Meetings Act 1987:

   The following motion is submitted for consideration:

   That the public be excluded from the following part(s) of the proceedings of this meeting.

   The general subject of each matter to be considered while the public is excluded, the reason for passing this resolution in relation to each matter, and the specific grounds under Section 48(1) of the Local Government Official Information and Meetings Act 1987 for the passing of this resolution are as follows:

   Item No.	General subject of each matter to be considered	Reason for passing this resolution in relation to each matter	Ground(s) under section 48(1) for the passing of this resolution
   C1.	Affordable Housing Project: Update and site issues	Good Reason to withhold exists under section 7	Section 48(1)(a)
   C2.	Financial contribution write off	Good Reason to withhold exists under section 7	Section 48(1)(a)
   C3.	Delegated decisions from the Property Enterprise Board	Good Reason to withhold exists under section 7	Section 48(1)(a)
   C4.	Delegated decisions	Good Reason to withhold exists under section 7	Section 48(1)(a)

   This resolution is made in reliance on Section 48(1)(a) of the Local Government Official Information and Meetings Act 1987 and the particular interest or interests protected by section 6 or section 7 of that Act which would be prejudiced by the holding of the whole or relevant part of the proceedings of the meeting in public are as follows:

   Item No.	Reason to withhold information under section 7
   C1.	To enable the council to carry on, without prejudice or disadvantage, negotiations (including commercial and industrial negotiations). In particular, the report contains information, that if released, would compromise further negotiations in regard to the proposed sites for the affordable housing project.	[Section 7(2)(i)]
   C2.	To enable the council to carry out, without prejudice or disadvantage, commercial activities. In particular, the report contains sensitive information relating to debtors.	[Section 7(2)(h)]
   C3.	To protect information where the making available of the information would be likely unreasonably to prejudice the commercial position of the person who supplied or who is the subject of the information. In particular, the detailed financial information contained in the report, if released, would prejudice the commercial position of council or the other parties involved.	[Section 7(2)(b)(ii)]
   	To enable the council to carry out, without prejudice or disadvantage, commercial activities. In particular, the detailed financial information contained in the report, if released, would place council at a disadvantage in carrying out its commercial activities.	[Section 7(2)(h)]
   C4.	To protect information where the making available of the information would be likely unreasonably to prejudice the commercial position of the person who supplied or who is the subject of the information. In particular, the detailed financial information contained in the report, if released, would place council at a disadvantage in carrying out its commercial activities.	[Section 7(2)(b)(ii)]
   	To enable the council to carry out, without prejudice or disadvantage, commercial activities. In particular, the detailed financial information contained in the report, if released, would place council at a disadvantage in carrying out its commercial activities.	[Section 7(2)(h)]