1. Administrative Policies Committee Meeting Overview: - Agenda approved and the previous meeting's minutes confirmed. - No disclosures of interest, delegations, or briefings were noted.

2. ROC Crest Home Board Of Management:

   • Transitioned into the ROC Crest Home Board of Management.
   • Ms. Keys reported: 97% occupancy, a waitlist of 510 people, 13 reportable incidents, two compliance issues addressed, added staff positions, and underbudget due to staffing delays.
   • Budget impacts received additional care funding.
   • Questions on operations, staffing, and funding were answered.
   • Motion to rise from the ROC Crest home Board:
     • Mover: Councillor Glenn
     • Seconder: Councillor OS
     • Carried.

3. Audited Financial Statements for 2023:

   • Presented by Ms. Huber and Ms. Cox, revealing a municipal equity increase to over $1.8 billion.
   • New accounting standards led to a $24 million liability for asset retirements.
   • Audit findings included a miscalculation correction and acknowledgment of minor misstatements to be adjusted in 2024.
   • Audit approach and independence confirmed.
   • Motion to approve financial statements:
     • Mover: Councillor Glenn
     • Seconder: Councillor Assan
     • Carried.

4. Short-Term Rental (STR) Bylaw Amendments:

   • New regulations introduced for STR brokerages and updates on increased licensed STRs and MAT revenue.
   • Proposal for data-sharing agreements to improve STR compliance.
   • Tiered fee structure proposed to ensure STR compliance, with Administrative Monetary Penalties set at $300.
   • Motion to approve proposed fees and compliance measures carried.

5. Tax Write-Offs:

   • Reported write-offs for properties affected by changes, totaling $139,925.72, with the city's portion at $93,571.82.
   • Motion to approve tax write-offs carried.

6. Meeting Conclusion:

   • Next meeting scheduled for September 12, 2024.