Agenda and minutes

Companies Governance Executive Committee
Tuesday, 18th May, 2021 3.00 pm

Venue: The Ballroom - The Council House, Old Market Square, Nottingham, NG1 2DT. View directions

Contact: Mark Leavesley 0115 876 4302

Items
No.	Item
1.	Appointment of Vice-Chair Minutes: Resolved that Councillor Longford be appointed Vice-Chair for the municipal year 2021-22.
2.	Apologies for Absence Minutes: Mel Barrett – Chief Executive Clive Heaphy – Interim Corporate Director of Finance and Resources Malcolm Townroe – Director of Legal and Governance
3.	Declarations of Interests If you need advice on declaring an interest, please contact the Governance Officer above, if possible before the day of the meeting Minutes: In relation to item 7 Council Owened companied – financial Update, in the interests of transparency the following Councillors stated they were members of Company Boards: Councillor David Mellen – Board Member of BluePrint Councillor Neghat Khan – Board member of Futures and Director of Robin Hood Energy Councillor Linda Woodings – Shareholder Representative for Nottingham City Homes Councillor Sam Webster – Director of Nottingham Revenue and Benefits This did not preclude them from participating in discussion on the item and they remained in the room.
4.	Minutes PDF 218 KB Last meeting held on 20 April 2021 (for confirmation) Minutes: The Committee confirmed the minutes of the meeting held on 20 April 2021 as a correct record and they were signed by the Chair.
5.	Dates of 2021-22 meetings To agree to meet at 3.00pm (or rise of Executive Board, whichever is later) on the following Tuesdays: 2021 2022 22 June 18 January 20 July 22 February 21 September 22 March 19 October 19 April 16 November 21 December Minutes: The Committee agreed to meet at 3.00pm (or at the rise of Executive Board, whichever is the later) on the following Tuesdays: 2021 2022 15 June 18 January 20 July 22 February 21 September 22 March 19 October 19 April 16 November 21 December
6.	Exclusion of the public To consider excluding the public from the meeting during consideration of the remaining items in accordance with Section 100A of the Local Government Act 1972, on the basis that having regard to all the circumstances, the public interest in maintaining the exemption outweighs the public interest in disclosing the information Minutes: The Committee agreed to exclude the public from the meeting during consideration of the remaining items in accordance with Section 100(A) of the Local Government Act 1972 on the basis that having regard to all the circumstances, the public interest in maintaining the exemption outweighed the public interest in disclosing the information, as defined in Paragraph 3 of Part 1 of Schedule 12A to the Act, as the sensitive nature of the business affairs under consideration could, if made public, prejudice the ability of the companies concerned to operate effectively in a competitive market.
7.	Council owned companies - financial update View the reasons why item 7. is restricted Report of Interim Corporate Director for Finance and Resources Additional documents: Restricted enclosure 5 View the reasons why document 7./2 is restricted Restricted enclosure 6 View the reasons why document 7./3 is restricted Restricted enclosure 7 View the reasons why document 7./4 is restricted Restricted enclosure 8 View the reasons why document 7./5 is restricted Restricted enclosure 9 View the reasons why document 7./6 is restricted There are a further 4 documents.View the full list of documents for item 7. Minutes: This item does not contain any decisions that are eligible for call-in. The Committee received a presentation by Ian Edward, Strategic Advisor for Companies, updating it on the latest financial position of each company and any material changes since the previous report and identifying any key risks. Resolved to note the presentation. Reason for recommendation To ensure the sub-committee understands the current financial position of the group of companies of Nottingham City Council and any risks are highlighted for action. Other options considered None.
8.	Council owned companies - summary of issues and recovery and improvement plans View the reasons why item 8. is restricted Report of Interim Corporate Director for Finance and Resources Additional documents: Restricted enclosure 12 View the reasons why document 8./2 is restricted Restricted enclosure 13 View the reasons why document 8./3 is restricted Restricted enclosure 14 View the reasons why document 8./4 is restricted Minutes: This item does not contain any decisions that are eligible for call-in. The Committee received a presentation by Ian Edward, Strategic Advisor for Companies, updating it on the progress of the recovery and improvement plan. Resolved to note the presentation. Reason for recommendation To ensure the sub-committee understands the progress of the recovery plan for companies of Nottingham City Council and any issues are highlighted for action. Other options considered None.