Decision details

The Worshipful the Mayor called on Councillor Richard Cornelius to introduce the report. It was noted that if Members had any questions relating to information contained in the exempt report they would need to be heard at the end of the meeting in exempt session. There were no such questions.

Councillor Richard Cornelius introduced the report, noting that Policy and Resources Committee had made an amendment to recommendation 1. in the report that the finalisation, agreement and sealing of the Shareholder Agreement with The Barnet Group be authorised by the Commissioning Director Growth and Development in consultation with the Chairman of the Policy and Resources Committee. Debate ensued.

Separate votes were taken on each of the recommendations as set out in the report.

Votes on recommendation one, as amended by Policy and Resources Committee, were declared as follows:

For:           32

Against:      0

Abstain:    28

Absent:       3

TOTAL:     63

Votes on recommendation two were declared as follows:

For:           60

Against:      0

Abstain:      0

Absent:       3

TOTAL:     63

Votes on recommendation three were declared as follows:

For:           32

Against:    27

Abstain:      1

Absent:       3

TOTAL:     63

The recommendations were declared carried.

RESOLVED that Council:

1.         Authorises the Commissioning Director, Growth and Development in consultation with the Chairman of Policy and Resources Committee to finalise, agree and seal the Shareholder Agreement with The Barnet Group.

2.         Approves the creation of a Registered Provider subsidiary of Barnet Homes.

3.         Approves the creation of a new The Barnet Group Terms and Conditions Trading Company.