Agenda and draft minutes

Companies Governance Executive Sub-Committee
Tuesday, 19th May, 2020 2.15 pm

Venue: https://www.youtube.com/channel/UCt4VuYp8JJJvXCLRmSRJ1mw/featured - To be held remotely and streamed. View directions

Contact: Mark Leavesley  0115 876 4302

Items
No. Item

1.

Apologies for absence

Minutes:

Councillor Longford  )  personal

Councillor Williams  )

2.

Declarations of interests

Minutes:

None.

3.

Minutes pdf icon PDF 191 KB

Last meeting held on 21 January 2020 (for confirmation)

Minutes:

The minutes of the meeting held on 21 January 2020 were confirmed as a true record and were signed by the Chair.

4.

Summary information - wholly or majority owned Subsidiaries pdf icon PDF 208 KB

Report of Strategic Director of Finance

Additional documents:

Minutes:

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

 

The Sub-Committee considered a report of the Strategic Director of Finance, providing high-level information about the companies that Nottingham City Council either wholly or partly own, the detail of which (in appendix A) is taken from the 2018/19 published accounts.

 

During discussion, it was noted that Councillor and officer Board members were now being offered the same training.

 

Resolved to note the report.

5.

Proposed Council Companies performance reporting template pdf icon PDF 208 KB

Report of Corporate Director of Strategy and Resources

Additional documents:

Minutes:

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

 

The Sub-Committee considered a report of the Corporate Director of Strategy and Resources, detailing a proposed reporting template for completion on a weekly basis by NCC owned companies.

 

During discussion, it was stated that the requirement for a weekly return, as per the accompanying draft Reporting Policy, could be amended in respect of individual companies, dependent upon performance, should this Sub-Committee agree.

 

Resolved to note the report and include the performance report as a standing item at future meetings of this Sub-Committee.

6.

Dates of future meetings

To agree to meet at 2.15pm or at the rising of Executive Board (whichever is the later) on the following Tuesdays:

 

2020  2021

16 June  19 January

21 July  16 March

22 September

17 November

Minutes:

The Sub-Committee agreed to meet on the following Tuesdays at 2.15pm or the rising of Executive Board (whichever is the later):

 

2020    2021

16 June    19 January

21 July    16 March

22 September

17 November

7.

Work programme pdf icon PDF 205 KB

Report of Corporate Director of Strategy and Resources

Additional documents:

Minutes:

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

 

The Sub-Committee considered a report of the Corporate Director of Strategy and Resources, detailing a proposed work plan for the municipal year 2020/21.

 

Resolved to note the plan and request the Head of Audit and Risk amend as discussed.

8.

Exclusion of the public

To consider excluding the public from the meeting during consideration of the remaining item 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 Sub-Committee agreed to exclude the public from the meeting during consideration of the remaining item 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.

9.

City Council owned company discussion

Presentation by Chief Executive

Additional documents:

Minutes:

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

 

The Sub-Committee received a presentation by Martin Ingham, Chief Executive, National Ice Centre, detailing the current and predicted future financial position, and including other opportunities being worked during the Covid-19 closure of the Centre and plans for recovery once lockdown has been lifted.

 

Resolved to note the presentation and thank Mr Ingham and his colleagues for their attendance.