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Contact: Phil Wye 0115 876 4637
No. | Item |
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Appointment of Vice-Chair Minutes: Resolved to appoint Councillor Angharad Roberts as Vice-Chair of this Committee for this municipal year (May 2021 to April 2022) |
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Apologies for Absence Minutes: Councillor Sue Johnson – personal reasons Councillor Angharad Roberts – work commitments Councillor Andrew Rule – work commitments |
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Declarations of Interest Minutes: None. |
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Minutes of the meeting held on 22 March 2021, for confirmation. Minutes: The Committee confirmed the minutes of the meeting held on 22 March 2021 as a correct record. |
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Bridge Estate - Draft Accounts 20/21 PDF 328 KB Report of the Corporate Drirector for Finance and Resources Additional documents:
Minutes: Thomas Straw, Senior Accountant (Capital Programmes) introduced the report detailing the draft 2020/21 outturn for the Bridge Estate and detailing any variance from 2019/20., highlighting the following:
(a)
the Trust’s income has reduced by almost £300,000
compared to the previous year, mainly due to Covid-19 and
additional voids at Woolsthorpe Close. The budget outturn also
reflects the significant spend on bridge repairs of
£665,731; (b) the Trust has three reserves: the Bridge Repair Fund, the Asset Repair Fund and the Un-Earmarked Reserve. Unless further capital receipts are realised debt repayment for 21/22 and beyond will be required to be covered from the Bridge Estate revenue account reducing the grant paid to Nottingham City Council.
Resolved to
(1)
note the draft outturn for 2020/21; (2)
delegate authority to the Chair to sign the audited
accounts on behalf of the Committee subject to (3) below and the
circulation of the final outturn to all members for comment before
it is signed off; (3)
hold a further meeting of the Committee should material
changes to the draft outturn arise that require further discussion
before sign off; (4)
provide the final version of the accounts at a later
meeting; (5) invite the external auditors to the next committee meeting. |
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Bridge Estate Charity - Property Update Report PDF 116 KB Report of the Director of Economic Development and Property Additional documents: Minutes: Bevis Mackie, Principal Estates Surveyor, introduced the report setting out the key property events that have taken place or are proposed for the Bridge Estate since the date of the last meeting, highlighting the following:
(a)
34 Lister Gate, 24-30 Castle Gate, the upper floors of Century
House and the former E-On offices remain available on the market
‘to let’ with and officers continue to explore all
options for re-letting; (b)
terms for lease have been agreed with a
prospective tenant at the governor’s house and judge’s
retiring rooms on Low Pavement. Solicitors are instructed with the
lease expected to complete following the completion of various
works; Members of the Committee were are asked to consider a tour of premises located within the City Centre to be held later in year.
Resolved to
(1)
note the updates relating to the individual Bridge
Estate properties; (2) agree organisation of a tour of city centre premises only in light of current circumstances, particularly for new members. |
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Exclusion of the public To consider excluding the public from the meeting during consideration of the remaining item(s) 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 Committee decided to exclude the public from the meeting during consideration of the remaining agenda 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 outweighed the public interest in disclosing the information, as defined in Paragraph 3 of Part 1 of Schedule 12A to the Act. |
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Exempt Minutes Exempt minutes of the meeting held on 22 March 2021, for confirmation Minutes: The Committee confirmed the exempt minutes of the meeting held on 22nd March 2021 as a correct record and they were signed by the Chair. |
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Bridge Estate Charity Property Update - Exempt Appendix Minutes: Resolved to note the contents of the exempt appendix. |
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Dates of future meetings Minutes: The Committee agreed to meet at 1.00pm on the following Mondays:
27 September 2021 20 December 2021 28 March 2022 |