Agenda and minutes

Venue: Council Chamber, Civic Suite. View directions

Items
No. Item

10.

Apologies

Minutes:

Apologies for absence were received from Cllr Sarah Gow, Cllr Leslie Pearton and Cllr Tony Rana.

Cllr Christina Rolles attended as the substitute for Cllr Sarah Gow.

11.

Minutes pdf icon PDF 76 KB

Minutes:

The minutes of the meeting held on 12 September 2019 were signed by the Chair.

12.

Declarations of Interest

Minutes:

No declarations of interest were made.

13.

Exclusion

To move, if required, that pursuant to Section 100A (4) of the Local Government Act 1972 that the public be excluded from any items included in Part B of the agenda because it is likely in view of the nature of business to be transacted that if members of the public are present during those items, there would be disclosure to them

Part B
Items likely to be considered in Private

Minutes:

Resolved pursuant to Section 100A(4) of the Local Government Act 1972  that the public be excluded during the following items of business because it was likely in view of the nature of the business to be transacted that, if member of the public were present during this item, there would be disclosure to them of exempt information.

14.

Formation of a Local Authority Trading Company (LATCo) – Update

To provide Members of the Commercial Services Cabinet Committee with an update on the progress that is being made in forming a Local Authority Trading Company for Gravesham Borough Council, and to present a draft business case template for Members comment and consideration

Minutes:

The Committee was given an update on the progress being made in the forming of a Local Authority Trading Company (LATCo) for the Borough Council. Members were also presented with a draft business case template for consideration and comment.

A general discussion took place during which Members made several suggestions regarding potential additions and amendments to the business case template. Officers agreed to discuss a number of the points raised with both internal legal officers and the Council’s external legal advisors before submitting a revised template as part of the LATCo report to a meeting of Cabinet in December.

Resolved that:

(1)          The progress being made on the formation of the Local Authority Trading Company be noted: and

(2)          The comments made by the Commercial Services Cabinet Committee in relation to the draft business case template are presented to Cabinet and Full Council.

15.

Commercial Property Portfolio Dashboard

Minutes:

The Director (Corporate Services) advised that this performance monitoring information had first been considered by the Committee at its meeting in September. The document had been developed by the Council’s Finance and Property Services teams and covered a portfolio worth approximately £42m. The information had been analysed sector by sector and events that might affect the portfolio had also been highlighted. It was the intention to present this document to the Committee on a quarterly basis.

The Chair advised that he had been very impressed with this very useful document and thanked the officers involved.

Resolved that the Information Dashboard – Gravesham Borough Council’s Commercial Property Portfolio be noted.