Agenda and draft minutes

Cabinet - Shareholder Group - Tuesday 10 October 2023 1.00 pm

Venue: Kennet Room - County Hall, Bythesea Road, Trowbridge, BA14 8JN. View directions

Contact: Stuart Figini  Email: stuart.figini@wiltshire.gov.uk

Items
No. Item

38.

Apologies

To receive any apologies or substitutions for the meeting.

Minutes:

There were no apologies.

 

39.

Minutes of the Previous Meeting

To confirm and sign the Part I (Public) minutes of the meeting held on 27 June 2023.

Supporting documents:

Minutes:

The public minutes of the Cabinet Shareholder Group meeting held on 27 June 2023 were presented.

 

Resolved:

 

To approve as a correct record and sign the minutes of the meeting held on 27 June 2023.

 

40.

Declarations of Interest

To receive any declarations of disclosable interests or dispensations granted by the Standards Committee or Monitoring Officer.

Minutes:

There were no declarations of interest.

 

41.

Chairman's Announcements

To receive any announcements through the Chair.

Minutes:

There were no Leaders announcements.

 

42.

Public Participation

The Council welcomes contributions from members of the public.

 

Notice of questions or statements should be provided to Stuart Figini of Democratic Services on behalf of the Proper Officer by 12.00 noon on Wednesday 4 October 2023, by contacting committee@wiltshire.gov.uk.

 

Minutes:

There was no public participation.

 

43.

Quarterly Performance Report

Supporting documents:

Minutes:

The Shareholder Group considered the quarterly performance report of the Corporate Director Resources & Deputy Chief Executive (S.151 Officer).

 

The Group were reminded that this was the first performance report received from the Stone Circle Companies, following agreement at the previous Shareholder Group meeting on 27 June 2023 for quarterly update reports going forward. The Corporate Director explained that the performance data, prepared by Stone Circle Housing Company contained exempt information and would be considered under Part II of this agenda.

 

Resolved:

 

To note the quarterly performance covering report.

 

44.

Urgent Items

To consider other items of business, which the Chairman agrees to consider as a matter of urgency.

Minutes:

There were no urgent items.

 

45.

Exclusion of the Press and Public

This is to give further notice in accordance with paragraph 5 (4) and 5 (5) of the Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012 of the intention to take the following item(s) in private.

 

To consider passing the following resolution:

 

To agree that in accordance with Section 100A(4) of the Local Government Act 1972 to exclude the public from the meeting for the business specified in Item Numbers 9 onwards because it is likely that if members of the public were present there would be disclosure to them of exempt information as defined in paragraph 3 of Part I of Schedule 12A to the Act and the public interest in withholding the information outweighs the public interest in disclosing the information to the public.


Reason for taking item in private:


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

Minutes:

To agree that in accordance with Section 100A(4) of the Local Government Act 1972 to exclude the public from the meeting for the business specified in Item Numbers 9 and 10 because it is likely that if members of the public were present there would be disclosure to them of exempt information as defined in paragraph 3 of Part I of Schedule 12A to the Act and the public interest in withholding the information outweighs the public interest in disclosing the information to the public.

 

46.

Minutes of the Previous Meeting

To confirm and sign the Part II (Private) minutes of the meeting held on 27 June 2023.

Minutes:

The Part II (Private) minutes of the Cabinet Shareholder Group meeting held on 27 June 2023 were presented.

 

Resolved:

 

To approve as a correct record and sign the Part II (Private) minutes of the meeting held on 27 June 2023.

 

47.

Quarterly Performance Report

To consider, if appropriate, any exempt details relating to the Quarterly Performance Report.

Minutes:

The Shareholder Group considered the performance data provided by the Stone Circle Housing Company.

 

Resolved:

 

1.    To monitor the nominations process and provide regular updates to the Shareholder Group in relation to the number of nominations received and properties ready to let.     

 

2.    To request an update on the companies’ financial position for the current financial year.

 

3.    To request financial modelling to be undertaken around the companies longer tern financial position to help inform the 2024/25 business plan.