Agenda and draft minutes

Commercial Ventures Executive Sub-Committee - Thursday, 3rd June, 2021 6.30 pm

Venue: New Council Chamber - Town Hall, Reigate. View directions

Contact: Democratic Services (01737 276182)  Email: Democratic@reigate-banstead.gov.uk

Media

Items
No. Item

1.

Election of Chair

Additional documents:

Minutes:

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.

2.

Election of Vice-Chair

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

Additional documents:

Minutes:

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

3.

Apologies for absence

To receive any apologies for absence.

Additional documents:

Minutes:

There were no apologies for absence.

4.

Declarations of interest

To receive any declarations of interest.

Additional documents:

Minutes:

There were no declarations of interest.

5.

Minutes of the previous meeting pdf icon PDF 242 KB

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

Additional documents:

Minutes:

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

6.

Shareholder Actions - Companies Performance Update - Spring 2021 pdf icon PDF 189 KB

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

Additional documents:

Minutes:

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.

 

 

 

7.

Investment Opportunities - 3 June 2021

Additional documents:

Minutes:

There were no Investment Opportunity matters to be considered.

8.

Property Acquisitions - 3 June 2021

Additional documents:

Minutes:

There were no Property Acquisitions matters to be considered.

9.

Loans, Grants and Draw Down Agreements - 3 June 2021

Additional documents:

Minutes:

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

10.

Exempt Business

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.

Additional documents:

Minutes:

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.

 

11.

Shareholder Actions - Companies Performance Update EXEMPT

Minutes:

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.

 

12.

Any other business

To consider any other urgent business.

Additional documents:

Minutes:

No other business was raised.