Peanut Gallery Vancouver City Council
| | Est. 12,026 HE | |

Second Round of Questions to Staff

Motion 2 · Auditor General Committee, February 12, 2026

Summary

  • Procedural motion to allow committee members a second round of questions to the Auditor General and city staff on the land sales audit item.

Vote

Transcript

3 segments

Yeah move for a second round chair.

Okay moved. Seconded by Councillor Zhou. All in favor? Carry on Councillor Montague.

Yeah, thanks. And I do appreciate the fulsome response from staff on this because there were a lot of red flags that I had when I was reading this report. And I read it several times. And I think the staff response gives some real context to the report that may be missing. My first question is the report says that sales were below appraised value and acknowledges that there are public benefits and CACs that that offset the price, but didn't include them in the assessment of value. And my question is, why did the audit not assess overall public benefits, including things like housing and childcare, community amenities, when evaluating those land transactions? And would that not provide a more balanced value, a balanced view and an actual value received by the city?