Issue - meetings

To receive a report of the Deputy Chief Executive providing Cabinet with an Annual Report which also includes the Company’s Accounts as per the conditions of the Shareholder Agreement. 

The Cabinet had before it  and NOTED a *report of the Deputy Chief Executive providing Cabinet with an Annual Report which also includes the Company’s Accounts as per the conditions of the Shareholder Agreement. 

The Cabinet Member for Finance outlined the contents of the report stating that the Cabinet had received a wealth of information via regular reports on the work taking place by the company. The pandemic had impacted on progress with projects but that the business was now moving forwards.

The Deputy Chief Executive (S151) in response to the question posed in public question time stated that at the time of the publication of the agenda, the accounts had not been approved formally by the company’s board of directors and that the Shareholder had to note the contents of the annual report at this meeting, the accounts would then be sent to Companies House where they would become public knowledge.  The other attachments within the report were of a commercially sensitive nature.

Consideration was given to:

·         A request to send written questions with regard to the various sites and the prospects for 3 Rivers Developments Limited to be answered – it was suggested that these be sent to the clerk who would circulate them and coordinate the written responses.

·         The proposed open day at St Georges Court for Members on 20 July.

Note:  *Report previously circulated.