Agenda and minutes

Companies Governance Executive Sub-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 icon 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

Report of Interim Corporate Director for Finance and Resources

Additional documents:

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

Report of Interim Corporate Director for Finance and Resources

Additional documents:

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.