Agenda and minutes

To elect the Chair of the Commercial Ventures Executive Sub-Committee for the Municipal Year 2021/22

RESOLVED that Councillor T. Archer be appointed Chair of the Commercial Ventures Executive Sub-Committee for the Municipal Year 2021/22.

Following this item, Councillor T. Archer took the Chair for the meeting.

To elect the Vice-Chair of the Commercial Ventures Executive Sub-Committee for the Municipal Year 2021/22

RESOLVED that Councillor T. Schofield be appointed Vice-Chair of the Commercial Ventures Executive Sub-Committee for the Municipal Year 2021/22. 

To receive any apologies for absence.

There were no apologies for absence.

To receive any declarations of interest.

There were no declarations of interest.

To approve the minutes of the meeting held on 29 April 2021 as a correct record.

RESOLVED to approve the minutes of the previous meeting as a correct record.

To review the Companies Performance Update .- Spring 2021 reviewed by Overview & Scrutiny Committee 18 March 2021

The Sub-Committee considered information on the performance of companies owned or part-owned by the Council, as of Spring 2021, and as considered by the Overview & Scrutiny Committee on 18 March 2021.

No further questions or concerns were raised, and there were no additional observations from the Overview & Scrutiny Committee.

RESOLVED that the Companies Performance Update – Spring 2021 be noted.

There were no Investment Opportunity matters to be considered.

There were no Property Acquisitions matters to be considered.

There were no Loans, Grants and Draw Down Agreements matters to be considered.

RECOMMENDED that members of the Press and public be excluded from the meeting for the following item of business under Section 100A(4) of the Local Government Act 1972 on the grounds that:

i.         it involves the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act; and

ii.        the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

RESOLVED that members of the Press and public be excluded from the meeting for the following items of business under Section 100A(4) of the Local Government Act 1972 on the grounds that:

i) it involves the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act; and

ii) the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

The Sub-Committee considered exempt information on the performance of companies owned or part-owned by the Council, as of Spring 2021, and as considered by the Overview & Scrutiny Committee on 18 March 2021.

No further questions or concerns were raised, and there were no additional observations from the Overview & Scrutiny Committee.

RESOLVED that the exempt information regarding the Companies Performance Update – Spring 2021 be noted.

To consider any other urgent business.

No other business was raised.