Issue - decisions

Resolved:  (i)      That approval be given to make the amendments to the Shareholders Agreement and affix the Council’s seal to the document.

Reason:     To ensure that the provisions of the Shareholders Agreement accurately represent the most current and up to date practices of City of York Trading Limited.

                   (ii)      That it be noted that the s151 Officer and the Monitoring Officer, in consultation with the Chair of the Shareholder Committee, have commenced a review of the Shareholder Committee and its associated governance arrangements and that updated arrangements will be reported to Full Council for approval to update the council’s Constitution.

Reason:     To confirm that Executive is aware of action being taken to ensure that governance arrangements for the Shareholder Committee remain effective and fit for purpose.