Agenda and minutes


Venue: Bodicote House, Bodicote, Banbury OX15 4AA

Contact: Natasha Clark, Democratic and Elections  Email: democracy@cherwellandsouthnorthants.gov.uk, 01295 221589

Items
No. Item

7.

Declarations of Interest

Members are asked to declare any interest and the nature of that interest which they may have in any of the items under consideration at this meeting.

 

Minutes:

There were no declarations of interest,

8.

Minutes pdf icon PDF 58 KB

To confirm as a correct record the Minutes of the meeting of the Committee held on 20 August 2019.

Minutes:

The Minutes of the Meeting of the Committee held on 20 August 2019 were agreed as a correct record and signed by the Chairman.

9.

Chairman's Announcements

To receive communications from the Chairman

Minutes:

There were no Chairman’s announcements.

10.

Urgent Business

The Chairman to advise whether they have agreed to any item of urgent business being admitted to the agenda.

Minutes:

There were no items of urgent business.

11.

Exclusion of the Public and Press

The following items of business contain exempt information as defined in the following paragraphs of Part 1, Schedule 12A of Local Government Act 1972.

 

3     Information relating to the financial or business affairs of any particular person (including the authority holding that information)

 

Members are reminded that whilst the following items have been marked as exempt, it is for the meeting to decide whether or not to consider each of them in private or in public. In making the decision, members should balance the interests of individuals or the Council itself in having access to the information. In considering their discretion members should also be mindful of the advice of Council Officers.

 

Should Members decide not to make a decision in public, they are recommended to pass the following recommendation:

 

“That, in accordance with Section 100A(4) of Local Government Act 1972, the press and public be excluded from the meeting for the following items of business, on the grounds that they could involve the likely disclosure of exempt information as defined in paragraph 3 of Schedule 12A of that Act and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.”

 

Minutes:

Resolved

 

That, in accordance with Section 100A(4) of Local Government Act 1972, the press and public be excluded from the meeting for the following items of business, on the grounds that they could involve the likely disclosure of exempt information as defined in paragraph 3 of Schedule 12A of that Act and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

12.

CSN Resources - Members' Agreement and Revised Articles of Association

Exempt report of Chief Operating Officer

Minutes:

The Chief Operating Officer submitted an exempt report which presented the CSN Resources Members Agreement and sought approval of the revised Articles of Association.

 

In presenting the report, the Chief Operating Officer advised the Committee that

The CSN Resources Articles of Association needed minor revisions as a consequence of finalising the CSN Resources Members Agreement to bring them in line with the provisions within the agreement and HMRC rules around Mutual Trading Status.

 

The Chief Operating Officer confirmed that the Shareholder Representatives at SNC and CDC and the Managing Director and Operations Director of CSN Resources supported the revisions to the Articles of Association.

 

Resolved

 

(1)          That the CSN Resources Members Agreement be noted.

 

(2)          That the revised CSN Resources Articles of Association be approved.

 

 

(At the conclusion of the item, the Managing Director, Graven Hill Development Company, Karen Curtin, and the Senior Independent Non-Executive Director, Graven Hill Development Company, Sue Smith, joined the meeting at the conclusion of this item)  

 

 

13.

Graven Hill - Quarter 2 Business and Performance Update

Exempt report of Executive Director Finance (Interim)

Minutes:

The Executive Director of Finance (Interim) submitted an exempt report which presented the Graven Hill Village Development Company Quarter 2 Business and Performance Update. Viability 15 and Building Blocks Progress.

 

The Managing Director Graven Hill Development Company introduced the quarter two management report, which included an overview of the progress on site including sales and marketing, key areas of work and the quarter three forward plan, and the quarter two performance update, which include detailed key performance indicators for sales and marketing, operations and finance and governance.

 

The Committee asked a number of questions to which answers were duly provided.

 

Resolved

 

(1)          That the Graven Hill quarter two management information be noted.

 

(2)          That the  Graven Hill quarter two performance update be noted.

 

14.

Graven Hill - Viability 15 and Building Blocks Progress

Exempt presentation

Minutes:

The Managing Director Graven Hill Development Company gave an exempt presentation on Viability 15 and Building Blocks progress.

 

The Committee asked a number of questions to which answers were duly provided.

 

Resolved

 

(1)          That the exempt presentation on progress on Viability 15 and the building blocks as agreed at the Graven Hill strategy workshop be noted.