Agenda and minutes

Councillor Webster – leave

Clive Heaphy

In relation to items 6 and 7 (Financial update and Council Owned companies), in the interests of transparency Councillor Mellen declared that he was a Board member of Blue Print.

Minutes of the meeting held on 20 July 2021, for confirmation

The Committee agreed the minutes of the last meeting held on 20 July 2021 as a correct record and they were signed by the Chair.

For noting

The Committee noted the work plan for 2021/22 without discussion.

To consider excluding the public from the meeting during consideration of the remaining items in accordance with Section 100A(4) 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.

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.

Report of the Interim Corporate Director for Finance and Resources

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 which are highlighted for action.

Other options considered

None.

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 recovery and improvement plans for the companies.

Resolved to note the presentation.

Reason for recommendation

To ensure the sub-committee is aware of the progress of the recovery plans for companies of Nottingham City Council and any issues that are highlighted for action.

Other options considered

None.

Exempt minutes of the meeting held on 20 July 2021, for confirmation.

The Committee agreed the exempt minutes of the last meeting held on 20 July 2021 as a correct record and they were signed by the Chair.