Agenda and draft minutes

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Contact: Kirstin Lambert; 02083592177 Email: kirstin.lambert@barnet.gov.uk 

Items
No. Item

1.

Minutes of last meeting pdf icon PDF 90 KB

2.

Absence of Members

3.

Declaration of Members' Disclosable Pecuniary interests and Non Pecuniary interests (If any)

    Minutes:

    Councillor Dean Cohen declared a non-pecuniary interest in agenda item 7 - Capital Programme Update, as he is a governor of a school within the borough. The Chairman requested it be noted that this non-pecuniary interest may apply to several other Members who are also school governors.

4.

Report of the Monitoring Officer (if any)

5.

Public Questions and Comments (if any) pdf icon PDF 98 KB

    Minutes:

    Details of the questions asked and the published answers were provided with the agenda papers for the meeting. Verbal responses were given to supplementary questions at the meeting.

     

    Public comments were received from Ms Mary O’Connor (on agenda item 7).

     

6.

Members' Items (if any)

7.

Capital Programme Update pdf icon PDF 228 KB

    Additional documents:

    Minutes:

    The Committee considered the report.

     

    The Director of Resources noted there was a typographical error in paragraph 1.6.9, and that row two of the table should state ‘Strategic Infrastructure Fund’ not ‘Social Investment Fund’.

     

    The Leader noted that recommendation 6 of the report required amendment of the insertion of ‘Note that’ at the beginning of the recommendation to clarify that the Section 151 officer will be taking the investigative actions under powers already delegated to them.  This was duly agreed by the Committee.

     

    On the recommendations in the report being put to the vote it was unanimously RESOLVED that the Committee-

     

     

    1.    Approve the additions, deletions, slippage, accelerated spend in relation to the 2017/18 capital programme displayed in Appendix A.

     

    2.    Approve the additions to the capital programme described in paragraph 1.6.9

     

    3.    Notes the potential future required amendments to the capital programme outlined in paragraph 1.6.10

     

    4.    Notes the proposed method of refreshing the Capital Programme through to 2025 as outlined in Section 1.7 of this report.

     

    5.    Notes the Capital financing strategy as outlined in Section 1.8 of this report.

     

    6.    Note that the Section 151 officer of the Council is authorised to investigate more favourable borrowing options than the PWLB as outlined in paragraph 1.8.6.

     

8.

The Barnet Group - Creation of a new legal entity pdf icon PDF 264 KB

    Minutes:

    The Committee considered the report.

     

    After considering the contents of the report, the Committee unanimously RESOLVED:

     

    1.        That the Committee approves the business case for the delivery of a new private lettings agency and approves the creation of a subsidiary of the Barnet Group, a local authority trading company, wholly owned by the Council.

     

    2.        That the Committee delegates authority to amend the Barnet Group shareholders agreement and the Barnet Group management agreement to the Deputy Chief Executive in consultation with the Committee Chairman

9.

Committee Forward Work Programme pdf icon PDF 207 KB

10.

Any other item(s) the Chairman decides are urgent

11.

Motion to Exclude the Press and Public

    Minutes:

    RESOLVED – that under Section 100A (4) of the Local Government Act 1972 the public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act (as amended).

12.

Exempt Appendix 1- Lettings Agency Model Business Case

13.

Any other exempt item(s) the Chairman decides are urgent