Agenda and minutes

At this point in the meeting Members are asked to declare:

·        any personal interests not included on the Register of Interests

·        any prejudicial interests or

·        any disclosable pecuniary interests

which they may have in respect of business on this agenda.

Members were asked to declare, at this point in the meeting, any personal interests not included on the Register of Interests or any prejudicial or disclosable pecuniary interests that they might have in respect of the business on the agenda. 

Cllr D’Agorne raised a personal non prejudicial interest in Agenda Item 5, Make It York – Managing Directors Report, in that his partner, Cllr Craghill, was a Director of Make It York.

To approve and sign the minutes of the last meeting of the Committee held on 4 March 2021.

Resolved:  That the minutes of the last meeting held on 4 March 2021 be approved and then be signed by the Chair as a correct record at a later date.

To consider excluding the public and press from the meeting during consideration of the following items:

(i)   Agenda Item 5, Make It York (MIY) – Managing Director’s Report

·        Appendix 1: Make It York – Revenue Projections and Forecasts from 2020 - 2025

On the grounds that they contain information relating to the financial or business affairs of any particular person (including the authority holding that information).  This information is classed as exempt under Paragraph 3 of Schedule 12A to Section 100A of the Local Government Act 1972, as amended by the Local Government (Access to information) (Variation) Order 2006.

Members considered the exclusion of the press and public from the meeting for discussion and decision for the exempt annexes to Agenda Item 5 on the grounds that each contained information relating to the financial or business affairs of any particular person (including the authority holding that information).

Resolved: That the press and public be excluded from the meeting during consideration of:

(i)       Agenda Item 5, Make It York (MIY) - Managing Director's Report

·        Appendix A: Current and forecast position for the business between now and March 2025.

On the grounds that these annexes contained information relating to the financial or business affairs of any particular person (including the authority holding that information).  This information was classed as exempt under Paragraph 3 of Schedule 12A to Section 100A of the Local Government Act 1972, as amended by the Local Government (Access to information) (Variation) Order 2006.

At this point in the meeting members of the public who have

registered to speak can do so. Members of the public may speak

on agenda items or on matters within the remit of the committee.

Please note that our registration deadlines have changed to

2 working days before the meeting, in order to facilitate the

management of public participation at remote meetings. The

deadline for registering at this meeting is 5:00pm on Tuesday 23 March 2021.

To register to speak please visit

www.york.gov.uk/AttendCouncilMeetings to fill out an online

registration form. If you have any questions about the

registration form or the meeting, please contact the relevant

Democracy Officer, on the details at the foot of the agenda.

Webcasting of Remote Public Meetings

Please note that, subject to available resources, this remote

public meeting will be webcast including any registered public

speakers who have given their permission. The remote public

meeting can be viewed live and on demand at

www.york.gov.uk/webcasts.

During coronavirus, we've made some changes to how we're

running council meetings. See our coronavirus updates

(www.york.gov.uk/COVIDDemocracy) for more information on

meetings and decisions.

It was reported that there had been no registrations to speak under the Council’s Public Participation Scheme.

This report provides an analysis of MIY’s current financial position, together with a range of forecasts for the coming five years, as requested at the last Shareholder Committee meeting. It also includes more detail and commentary on the variables and assumptions behind the figures provided.

Committee Members received a report that provided an analysis of Make It York’s (MIY) current financial position, together with a range of forecasts for the coming five years. As requested at the last meeting of the Shareholder Committee, the annexes included more detail and commentary on the variables and assumptions behind the figures provided. 

MIY’s Accountant was in attendance to present the report and respond to questions. He explained how the pandemic had affected MIY’s financial position, stating that they had used and maintained the Government’s furlough scheme and had suffered significant losses due to cancelled events. 

Members thanked the Accountant for attending the meeting and for providing the information they had requested.

At this point, the Chair excluded the press and public from the meeting to enable the Committee to discuss MIY’s revenue projections and forecasts from 2020-2025.

Resolved: That the report and annexes be noted.

Reason: To ensure Make It York’s commercial viability.