Agenda and draft minutes

Companies Governance Executive Committee
Tuesday, 21st June, 2022 3.00 pm

Venue: Ground Floor Committee Room - Loxley House, Station Street, Nottingham, NG2 3NG. View directions

Contact: Phil Wye  0115 876 4637

Items
No. Item

11.

Apologies for absence

Minutes:

Clive Heaphy

12.

Declarations of interests

Minutes:

In the interests of transparency, Councillor Neghat Khan declared that she sits on the Board of Futures, Councillor David Mellen stated that he is a director of Blueprint, and Councillor Adele Williams declared that she sits on the Board of Thomas Bow.

13.

Minutes pdf icon PDF 225 KB

To confirm the minutes of the last meeting held on 24th May 2022

Minutes:

The Committee confirmed the minutes of the meeting held on 24th May 2022 as a correct record and they were signed by the Chair.

14.

Work programme pdf icon PDF 106 KB

Minutes:

The Board decided that it may be unsuitable to invite Nottingham City Homes to the next meeting at this time. An alternative of the National Ice Centre was suggested.

 

The rest of the forward plan was noted.

15.

Exclusion of the public

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.

Minutes:

The Board resolved to exclude the public from the meeting during consideration of the remaining items in accordance with Section 100A of the Local Government Act 1972, under Schedule 12A, Part 1, Paragraph 3, on the basis that, having regard to all the circumstances, the public interest in maintaining an exemption outweighs the public interest in disclosing the information.

16.

Council owned companies - financial update

Report of the Interim Corporate Director for Finance and Resources

Minutes:

This item does not contain any decisions that are eligible for call-in.

 

Ian Edward, Strategic Advisor for Companies, presented the exempt report to support the Committee in understanding the current financial position and associated risks of the Council’s group of companies.

 

 The Committee noted the exempt report.

17.

Council owned Companies- progress update

Report of the Interim Corporate Director for Finance and Resources

Minutes:

This item does not contain any decisions that are eligible for call-in.

 

Ian Edward, Strategic Advisor for Companies, presented the report, updating the Committee on the latest position in respect of Council owned companies.

 

The Committee noted the exempt report.