Issue - meetings

Investment Partnerships - Members agreements

Meeting: 04/03/2020 - Cabinet (Item 14)

Investment Partnerships: Legal Agreements

Decision:

 

Cabinet recommended to Full Council:

 

(a)       Approval of the execution of the Members’ Agreements;

(b)       Appoint Councillor Peter McDonald as the Council-nominated Member, and the designated Chief Operating Officer as the Council-nominated Officer, to each Investment Partnership Board;

(c)        Appoint the Head of Commercial Development & Investment as the Officer to represent the Council on each Investment Team; and

 

Cabinet agreed to delegate authority to the Chief Executive, after consultation with the Leader of the Council, to make any minor amendments to the Members’ Agreements prior to submission to Full Council.

 

Minutes:

Cabinet considered an exempt report regarding a Members’ Agreement in respect of two proposed investment partnerships.

 

The Chief Executive responded to comments made by Councillor de Lacey, who had been unable to attend the meeting.

 

After further debate, the Leader of the Council, thanked the Officers for their work on this report, and Cabinet recommended to Full Council:

 

a)    The approval of the execution of the Members’ Agreements as detailed in the exempt report;

b)    The appointment of Councillor Peter McDonald as the Council-nominated Member, and the designated Chief Operating Officer as the Council-nominated Officer, to each Investment Partnership Board; and

c)    The appointment of the Head of Commercial Development & Investment as the Officer to represent the Council on each Investment Team.

 

Cabinet agreed to delegate authority to the Chief Executive, after consultation with the Leader of the Council, to make any minor amendments to the Members’ Agreements prior to submission to Full Council.