Agenda and minutes

To receive apologies for absence.

Apologies for absence were received from Cllr Brian Adams.

To receive from members, declarations of interest in relation to any items included on the agenda for this meeting, in accordance with the Waverley Code of Local Government Conduct.

There were no declarations of interest raised under this heading.

To consider the report from the Investment Advisory Board meeting on 8 December 2016 – To Follow.

There was nothing to report from the Investment Advisory Board under this item.

To consider the following recommendation on the motion of the Chairman:-

Recommendation

That, pursuant to Procedure Rule 20, and in accordance with Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting during consideration of the following item(s) on the grounds that it is likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the public were present during these items, there would be disclosure to them of exempt information (as defined by Section 100I of the Act) of the description specified at the meeting in the revised Part 1 of Schedule 12A to the Local Government Act 1972.

At xxx pm it was

RESOLVED  that, pursuant to Procedure Rule 20, and in accordance with Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting during consideration of the following item on the grounds that it is likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the public were present during this item, there would be disclosure to them of exempt information (as defined by Section 100I of the Act) of the description specified in paragraph 3 of the revised Part 1 of Schedule 12A to the Local Government Act 1972, namely:-

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

To consider the (Exempt) report attached. 

[NB. Any updates resulting from the meeting of the Investment Advisory Board on 8 December 2016 will be provided at the meeting.]

Cllr Jerry Hyman attended the meeting and spoke on this item. 

The Executive considered the (Exempt) report on this matter, circulated in advance to all Members of the Council,  along with a supplementary document setting out the rationale (attached) and slightly revised wording of the recommendations, which are set out in the (Exempt) Minute.  The Executive now

RECOMMENDS that

97.    the recommendations set out in the (Exempt) Annexe to these minutes be approved.