[0:00] good evening council members of the

[0:02] public friends at the media and

[0:05] delegations I'd like to call the Tuesday

[0:07] February 25th 2025 regular meeting of

[0:10] council to order first up adoption of

[0:12] this evening's agenda moved by councelor

[0:14] mullik second by counselor Lett are

[0:16] there any additions or

[0:19] deletions all in favor carried few

[0:23] minutes to adopt under 3.1 uh special

[0:26] meeting of February the 10th 2025 mov by

[0:30] councelor Pearson second by councelor

[0:32] mullik are there any errors or omissions

[0:36] arising all in favor carried and the

[0:40] minutes of the regular meeting

[0:42] being February 11th 2025 mve by

[0:46] councelor bat second by councelor

[0:47] Pearson any errors or emissions arising

[0:50] all in favor carried under 4.1 we do

[0:55] have time this or we do have a

[0:56] delegation this evening from the vmont

[0:58] community Forest here to present the

[1:00] 2024 financial report and the 2025

[1:03] Financial forecast is Miss C valz and

[1:07] Angy

[1:09] Jackman Madame

[1:11] President please come up to the

[1:16] podium so I'd just like to uh introduce

[1:19] Kina to you Holly and Hugo I don't think

[1:21] you've met but I think she's met and

[1:23] Carina as well and uh it's my pleasure

[1:27] to introduce Kina and uh we've been been

[1:30] so impressed with her uh her she's so

[1:34] qualified and competent and she's been

[1:37] helping us sort through a lot of very

[1:39] thorny issues and really uh making

[1:43] Headway for us and I can't tell you it

[1:46] how much we appreciate her help and uh

[1:50] you'll see for yourself how brilliant

[1:52] she

[1:52] is wow not true but okay thank you I'll

[1:56] take it it's quite the introduction it

[2:00] is yeah now I'm like now I'm

[2:03] stressed um so that's not going to be

[2:05] too long we'll just quickly um do an

[2:07] overview of the 2024

[2:10] financials um figure this

[2:13] out so I have few slides first we'll

[2:16] cover just the total revenue um how much

[2:19] money we've generated in

[2:21] 2024 um then we'll kind of break down

[2:24] into operational costs other costs total

[2:26] income and then quick um just the

[2:29] financial forecast for for next year

[2:31] although warning it's going to be quite

[2:34] difficult to predict we don't we don't

[2:38] know what's going to happen in 2025 with

[2:41] the tariffs and where we going to land

[2:44] but if we keep going the way we were

[2:47] going in the past then we should be

[2:50] pretty much in the same situation as um

[2:54] in

[2:56] 2024 so we um last year we've generated

[2:59] ated uh just over $9 million um

[3:02] obviously mostly was from um our log

[3:05] sales to the Ms and then then there was

[3:08] a little bit from I believe this was

[3:11] just some money returned to us from

[3:13] overpayments or or something like that

[3:15] but it does count towards towards our

[3:18] income um wow this is really hard to see

[3:22] so the operational costs um we um have

[3:26] Forest license which is about

[3:28] $36,000 sorry you guys this is actually

[3:31] really brutal I kind of figured it's

[3:33] going to be hard to see on that slide um

[3:35] log purchases uh about

[3:38] $76,000 post harv post Harvest

[3:42] obligations which include pile burning

[3:44] and waste and residue uh last year that

[3:47] was

[3:48] $117,000 um we also shipped wood uh just

[3:54] during the breakup to the mill to our

[3:57] yard so just paying for the log yard um

[4:01] it cost us about

[4:04] $162,000 we paid

[4:06] $215,000 in

[4:08] stampage uh planning uh which includes

[4:12] layout um ribbon refresh and mapping uh

[4:16] that was at

[4:19] $217,000 Trucking and Hauling that's um

[4:23] additional to usually we pay our loggers

[4:26] for Trucking in Holland this was

[4:29] separate this was basically us paying

[4:31] the truckers for reloading the wood so

[4:33] once it came to the yard it had to go

[4:36] back out to the Mills to our clients and

[4:38] that cost us about

[4:40] $300,000 um just over 300,000 our silver

[4:44] culture cost uh was uh just over half a

[4:46] million

[4:48] dollars uh Road cost expenses this

[4:51] includes um Road rehabilitation

[4:54] deactivation road maintenance which is

[4:56] grading um and also road construction is

[5:00] it's quite a bit of money and um just to

[5:04] point out that's going to get harder as

[5:07] we go higher up into the mountains um

[5:10] into steeper terrain um more challenging

[5:13] ground um and then our logging

[5:15] contractors uh just over $5 million so

[5:19] the total operational costs were almost

[5:23] 8

[5:28] million um other costs

[5:33] um included the payroll of 300 just over

[5:37] $300,000 General

[5:40] Administration um was

[5:43] $247,000 grants um about

[5:48] $111,000 uh we paid uh just over $5,000

[5:51] in

[5:52] donations uh $4,000 for the board

[5:56] discretionary fund and then scale

[5:58] expenses uh were at

[6:01] $227,000 so our other expenses were just

[6:05] over a, $600,000 so just over a million

[6:19] dollars and so the financial forecast

[6:22] for um next year it's pretty much the

[6:26] same about we're hoping to make about $9

[6:28] million in Reven Vues log sales um our

[6:32] costs are going to increase this year

[6:34] again due to um more challenging terrain

[6:37] so we we will be looking at more cable

[6:40] ground um with that logging costs are

[6:44] significantly higher because you know

[6:46] you're using different machines um

[6:49] yarding um also the Productions are

[6:52] usually slower in in those areas so

[6:55] we're probably looking at you know just

[6:58] over $7,000

[7:01] um our other

[7:02] expenses uh would include you know our

[7:06] salaries uh administrative

[7:08] stuff um so we're probably looking at

[7:12] about 600,000 we're hoping to make about

[7:15] $600,000 now that being said it is

[7:19] quite what's going to change this this

[7:23] number actually may be a little bit

[7:25] higher because I what what we're doing

[7:28] right now is actually we are pred

[7:29] developing a lot more road so we might

[7:33] be I don't want to make promises but we

[7:35] might be looking at maybe closer to like

[7:40] $800,000 um in in generating uh in total

[7:45] net income um but that may change it

[7:49] will depend on like you know First

[7:51] Nations um if the referrals are back and

[7:54] given to us um and the weather of course

[8:00] it's the weather because um you know we

[8:02] are our challenges right now is that we

[8:04] don't actually have a lot of Summer

[8:06] ground so a lot of our logging happens

[8:09] through the winter um if we have you

[8:13] know a bad fire season that you know all

[8:16] those areas that are available for the

[8:18] summer you can't log them because of um

[8:21] fire danger so that's always challenging

[8:24] but winter is looking pretty good um on our planning this year so

[8:30] um this is the hope uh you know it might happen that we you know don't

[8:34] sell as many logs um you know due

[8:37] to what's available on the land base

[8:40] based on the weather uh but you know we

[8:43] won't be spending as much money in Road

[8:46] building road maintenance and what have

[8:47] you so that bottom number should be

[8:49] around we should be generating anywhere

[8:52] between 6 to

[8:55] 800,000 but it's it's it is hard to

[8:58] predict because of a lot of other

[9:01] unknowns but that's kind of the hope so

[9:04] thank you so much that's all I have do

[9:06] you guys have any

[9:07] questions thank you motion to receive

[9:10] move by councelor Blanchett second by

[9:12] councelor mullik questions for the

[9:13] delegation councelor Pearson uh quick

[9:16] question can you back up one slide you

[9:17] went by the net net revenue pretty quick

[9:21] yeah that's kind of repetitive it's just

[9:23] like total revenue um so it just it

[9:26] shows that's 2024 yeah and I kind of

[9:30] covered that in the first slide but it

[9:32] it's just a breakdown like what was the our net income and then you can see

[9:37] um our so net income um was just over

[9:44] $600,000 and that's based on the $9

[9:46] million that we've generated uh in log

[9:49] sales and then our expenses

[9:51] were pretty much like around 78 million

[9:55] so sorry I just that's why I skip wait a

[9:59] minute

[10:00] Qui

[10:01] so okay it's all for me no great

[10:06] anybody well thank you very much Kina uh

[10:09] looking forward to attending your board

[10:11] meeting tomorrow okay sounds good thank

[10:13] you thanks very

[10:15] much and thank you madam

[10:19] president uh on the motion any

[10:22] discussion all in favor receipt it's

[10:26] carried uh 5.1 the Trans Mountain

[10:29] Community benefits agreement program uh

[10:31] benefit agreement report is there for

[10:33] your information is there any

[10:39] discussion then moving on to bylaws and

[10:41] policy

[10:42] 6.1 uh looking for first and second

[10:45] reading of the village of bmount traffic

[10:47] regulation by law number 896 2025 move

[10:50] by councelor Pearson seconded by

[10:51] councelor mullik discussion on traffic

[10:54] bylaw first and

[10:56] second all in favor car

[10:59] married don't recognize any new business

[11:02] today is there anything in the reading

[11:04] file folks would like to bring to

[11:05] surfice councelor Blanchette the uh

[11:08] Northern development initiative trust

[11:10] intern program internship program um so

[11:14] that's congratulations to everyone for

[11:15] that that's a really really beneficial

[11:18] yeah AB we benefited from it

[11:21] before yeah we've got some really uh

[11:23] Keen

[11:26] Superstars other things folks

[11:29] if I can uh just raise number

[11:32] three uh the vmont elementary school

[11:35] science fair is upon us on Thursday if

[11:39] you are can make it there was an email

[11:41] circulating around with uh scoring and a

[11:44] general science fair rules and

[11:47] regulations so I can't so you folks are

[11:50] interested please speak or write to uh

[11:54] Dr

[11:55] giru counc PE uh just comment I mean I

[11:58] did it last year I mean it's it's it's a

[12:01] great day I mean it's so fun to watch um

[12:04] I'm unable to do it this year but I

[12:06] recommend everybody to go and spend a

[12:07] day with

[12:08] the it is a lot of fun

[12:12] yeah okay correspondents for Action 9.1

[12:16] the BC Association of farmers markets

[12:18] looking for a letter of support to be

[12:20] sent to the honorable Josie osbor

[12:23] minister of Health uh regarding the

[12:26] nutrition coupon program councelor

[12:30] Pearson councelor

[12:31] Blanchett

[12:33] discussion been a really good program

[12:35] the last couple years very

[12:38] impressive all in favor it's

[12:42] carried uh Council reports under

[12:46] 12.1 councelor mullik I noticed you had

[12:49] a very short one I do February 20th uh I

[12:53] attended a ready Grant committee meeting

[12:57] and just a shout out for come Sunday at

[13:01] the high school 1 to 4: be there or be

[13:04] square be interesting good uh some good

[13:08] candidates so uh yeah hopefully we'll

[13:10] see lots of folks there lots of Interest

[13:13] great one to four on the

[13:16] second

[13:17] Sunday public input program Council blet

[13:22] um I have nothing

[13:23] to that's all right councelor

[13:27] person well I got you both be I've got

[13:29] two items uh February 19th uh trans can

[13:33] Yellowhead Highway association meeting

[13:36] uh met with three representatives from

[13:40] provincial Transportation Ministries

[13:43] discussing uh indigenous Highway signage

[13:46] and how we can um promote a unified

[13:50] theme across multiple provinces with

[13:52] different rules uh it may be a bit of a

[13:55] challenge it was a good discussion and

[13:58] then

[13:59] at noon today I sat in on the nlga

[14:02] webinar on economic impacts of Port

[14:05] activities in Prince rert yeah uh very

[14:09] interesting

[14:10] discussion um a lot changed up there

[14:13] since last time I was in Prince rert

[14:15] holy cow they they showed the layout of

[14:17] expansion it's pretty impressive so yeah

[14:21] so hopefully we'll get a tour during

[14:24] Inga maybe

[14:27] hopefully you've included I

[14:30] have uh the 11th through the 13th I

[14:34] attended the Fraser Basin Council on

[14:36] behalf of the

[14:37] Rd uh the 14th the 16th uh parted with

[14:42] the community during

[14:44] Winterfest uh the 19th uh was committee

[14:48] to the whole at the regional district

[14:50] for subregional budgets you missed a

[14:51] good

[14:52] one uh as well as environment and Parks

[14:56] committee and then on the 20th we had

[14:58] the phas of for George Regional Hospital

[15:00] board uh we had a closed session uh and

[15:03] uh reconvened in the afternoon with the

[15:05] open board with the

[15:07] rdfg that's me any questions

[15:13] comments uh

[15:15] 14.1 we oh sorry uh 13.1 there is a

[15:18] calendar of events for February March

[15:20] for information and then now we have

[15:23] time for public comment under 14.1 on

[15:26] items considered by

[15:27] Council as part of the approved agenda

[15:29] are there any public comments this

[15:35] evening not all at

[15:39] once uh we are not uh moving in camera

[15:42] this evening so I'll ask for adjournment

[15:44] thank you councelor PE

Village of Valemount Council Meeting - February 25, 2025

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