Agenda and minutes

Finance Committee of the Barbican Centre Board - Monday, 5th November, 2018 1.45 pm

Venue: Committee Rooms, 2nd Floor, West Wing, Guildhall

Contact: Gregory Moore
tel. no.: 020 7332 1399  Email: gregory.moore@cityoflondon.gov.uk

Items
No. Item

1.

Apologies

 ...  view the full agenda text for item 1.

Minutes:

Apologies were received from Alderman David Graves, Judith Pleasance and Deputy John Tomlinson.

 ...  view the full minutes text for item 1.

2.

Members' Declarations under the Code of Conduct in respect of items on the agenda

 ...  view the full agenda text for item 2.

Minutes:

There were none.

 ...  view the full minutes text for item 2.

3.

Minutes pdf icon PDF 63 KB

To approve the public minutes and summary of the meeting held on 5 September 2018.

 ...  view the full agenda text for item 3.

Minutes:

The public minutes of the meeting held on the 5 September 2018 were approved subject to one typo on page one.

 ...  view the full minutes text for item 3.

4.

Outstanding Actions and Work Plan pdf icon PDF 45 KB

Report of the Town Clerk.

 ...  view the full agenda text for item 4.

Additional documents:

Minutes:

The Committee noted the various outstanding actions and the updates provided

thereon.

 

With regards to Action 3 concerning the strategic plan, Members were advised that that this would be reported back to the Board in January and July instead of November as reflected in the workplan.

 

All other actions were completed or covered elsewhere on the agenda.  

 

 ...  view the full minutes text for item 4.

5.

Questions on matters relating to the work of the Committee

 ...  view the full agenda text for item 5.

Minutes:

 There were no questions.

 ...  view the full minutes text for item 5.

6.

Any other business the Chairman considers urgent

 ...  view the full agenda text for item 6.

Minutes:

There were no urgent items.

 ...  view the full minutes text for item 6.

7.

Exclusion of the Public

MOTION – That under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part I of the Schedule 12A of the Local Government Act.

 

 

 

 ...  view the full agenda text for item 7.

Minutes:

RESOLVED – That under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part I of the Schedule 12A of the Local Government Act.

Item No.

Exemption Paragraph(s)

8-16

3

 

 

 

 ...  view the full minutes text for item 7.

8.

Non Public Minutes

To approve the non-public minutes of the meeting held on 5 September 2018.

 ...  view the full agenda text for item 8.

Minutes:

The non-public minutes of the meeting held on 5 September 2018 were approved.

 ...  view the full minutes text for item 8.

9.

Barbican Budget 2019/20

Report of the Chief Operating & Financial Officer.   

 ...  view the full agenda text for item 9.

Minutes:

The Committee considered a report of the Chief Operating & Financial Officer

providing Members with an update on the 2019/20 Barbican budget.

 

 ...  view the full minutes text for item 9.

10.

Barbican Restaurants Proposal

Report of the Chief Operating & Financial Officer.

 ...  view the full agenda text for item 10.

Minutes:

The Committee considered a report of the Chief Operating & Financial Officer providing Members with an update on the Barbican Restaurants Proposal.

 

 ...  view the full minutes text for item 10.

11.

Barbican Business Review - September Accounts (Period 6)

Report of the Chief Operating & Financial Officer.

 ...  view the full agenda text for item 11.

Minutes:

The Committee considered a report of the Chief Operating & Financial Officer setting out the Business Review for the 2018 Period 6 accounts.

 

 ...  view the full minutes text for item 11.

12.

Barbican Commercial Programme - Phase 3

Report of the Chief Operating & Financial Officer.

 ...  view the full agenda text for item 12.

Minutes:

The Committee considered a report of the Chief Operating & Financial Officer providing Members with an update on the Barbican Commercial Programme (Phase 3).

 

 ...  view the full minutes text for item 12.

13.

Development Review

Report of the Chief Operating & Financial Officer.

 ...  view the full agenda text for item 13.

Minutes:

The Committee considered a report of the Chief Operating & Financial Officer providing Members with an update on the review of the Barbican Development function completed by specialist agency Philanthropy Company setting out the key themes of the report and an agenda for change.

 

 ...  view the full minutes text for item 13.

14.

Barbican Centre CWP and Additional Capital Funds for City Fund Properties Update Report (including Non-Cap and Investment projects)

Report of the Director of Operations and Buildings.

 ...  view the full agenda text for item 14.

Minutes:

The Committee considered a report of the Director of Operations and Buildings providing Members with an update on the Centre’s building and refurbishment projects that fall under the Cyclical Works Programme (CWP) and additional Capital Funds for City Fund Properties Update Report (including Non-Cap and Investment projects).

 

 ...  view the full minutes text for item 14.

15.

Questions on matters relating to the work of the Committee

 ...  view the full agenda text for item 15.

Minutes:

There were no questions.

 ...  view the full minutes text for item 15.

16.

Any other business the Chairman considers urgent

 ...  view the full agenda text for item 16.

Minutes:

There were no urgent items.

 ...  view the full minutes text for item 16.