Agenda and decisions

This is whereCouncillors who are attendingas substituteswill say forwhom theyare attending.

Apologies for absence were received on behalf of Councillors Patrick and Stewart-Turner.

TheCouncillorswill be askedto say ifthereare any items on theAgenda in whichthey have disclosablepecuniary interests,which wouldprevent themfrom participating inany discussionof the itemsor participating in any vote upon the items, orany otherinterests.

No interests were declared.

Mostdebatestake placeinpublic.This onlychangeswhenthere isa needtoconsidercertain issues,for instance, commercially sensitive information or detailsconcerning an individual.You will betold at thispoint whetherthere are anyitems onthe Agendawhich are to be discussed in private.

It was noted that all Agenda Items would be considered in public session.

The Committee will receive any petitions andhear any deputations from members ofthe public.A deputationis whereup to fivepeople canattend the meeting andmake apresentation onsome particularissue ofconcern. A memberofthe publiccan alsohand ina petitionat the meeting but that petition should relate to something on which the body has powers and responsibilities.

In accordance with Council Procedure Rule 10 (2), Members of the Public should provide at least 24 hours’ notice of presenting a deputation.  

No deputations or petitions were received.

To receive the report.

Contact: Eamonn Croston, Finance Manager

That the report be submitted to Cabinet (June 2018) and Council (July 2018) with the recommendation that;

(i)            treasury management performance in 2017/2018 be noted

(ii)          approval be given to officer proposals to review the two LOBO loan re-financing options in conjunction with Arlingclose, and to proceed if considered beneficial to the Council

(iii)         approval be given to an amendment to the existing borrowing strategy to incorporate SALIX Finance as an interest free loan funding source

(iv)         the intention to bring forward more detailed proposals regarding potential investment in the Local Authority Fund, as part of the Treasury Management Strategy update, be noted.

To receive the report.

Contact: Eamonn Croston, Finance Manager

1) That the appointment of Grant Thornton UK LLP as the Council’s auditor for 5 years from 1 April 2018, their planned audit fee, work programme and timetable for 2018-2019, be noted.

2) That approval be given to the appointment of a reporting accountant, in accordance with Contract Procedure Rules, to undertake relevant external grant and reporting requirements for 2018-2019, no later than 2 July 2018.

3) That compliance with Local Audit (Appointing Person) Regulations 2015 and ensuring value for money be noted

To consider the report.

Contact: Martin Dearnley, Head of Audit and Risk

That the changes to Financial Procedure Rules be submitted to the meeting of Annual Council on 23 May 2018 with a recommendation of approval.

To consider the report.

Contact: Julie Muscroft, Service Director (Legal, Governance & Commissioning)

That the changes to the Constitution be submitted to the meeting of Annual Council on 23 May 2018 with a recommendation of approval.