Agenda and minutes

Venue: Committee Rooms - West Wing, Guildhall

Contact: Matthew Pitt
tel. no.: 020 7332 1425  Email: Matthew.Pitt@cityoflondon.gov.uk

Items
No. Item

1.

Apologies

Minutes:

Apologies for absence were received from Deputy Ken Ayers, Mark Boleat, Anthony Llewelyn-Davies, Brian Harris, Robert Howard and Clare James.

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

2.

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

Minutes:

There were no declarations.

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

3.

Minutes of the previous meeting pdf icon PDF 195 KB

To agree the public minutes and non-public summary of the meeting held on 20 July 2012.

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

Minutes:

The public minutes and summary of the meeting held on 20 July 2012 were approved.

 

 

 

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

4.

Minutes of the Financial Investment Board pdf icon PDF 130 KB

To note the public minutes and non-public summaries of the meetings held on 19 September 2012, 29 October 2012 and 01 November 2012.

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

Additional documents:

Minutes:

The Committee received the public minutes and summary of the Financial Investment Board meetingsheld on 19 September 2012, 29 October 2012 and 01 November 2012.

 

RECEIVED.

 

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

5.

Minutes of the Property Investment Board pdf icon PDF 187 KB

To note the public minutes and non-public summary of the meetings held on 18 July 2012, 18 September 2012, 10 October 2012 and 05 November 2012.

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

Additional documents:

Minutes:

The Committee received the public minutes and summary of the Property Investment Board meetingsheld on 18 July 2012, 18 September 2012, 10 October 2012 and 05 November 2012.

 

RECEIVED.

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

6.

Order of the Court of 6 December 2012 concerning the Post-implementation review of the Governance Arrangements pdf icon PDF 119 KB

Report of the Town Clerk.

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

Minutes:

The Committee received an Order of the Court of Common Council concerning the post-implementation review of the Governance Arrangements.

 

The Chamberlain advised Members that changes proposed in the Public Service Pensions Bill currently proceeding through Parliament would likely require the creation of a Pensions Board within the City Corporation. He added that the creation of such a body would need to consider how best to consolidate the existing pension fund management arrangements. 

 

RECEIVED.

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

7.

Terms of Reference pdf icon PDF 60 KB

In accordance with the Order of the Court of 6 December 2012, the Committee are invited to review their terms of reference prior to their submission to the Court at its meeting in April 2013.

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

Minutes:

The Committee considered a report of the Town Clerk inviting Members to review the Committee’s Terms of Reference prior to their submission to the Court of Common Council in April 2013.

 

RESOLVED – That the current Terms of Reference be approved.

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

8.

Appointment to the Financial Investment Board pdf icon PDF 64 KB

Report of the Town Clerk.

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

Minutes:

The Committee considered a report of the Town Clerk concerning the appointment of Martin Day to the Financial Investment Board.

 

RESOLVED – That Martin Day be appointed to the Financial Investment Board. 

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

9.

Decisions taken under Delegated Authority Procedures pdf icon PDF 84 KB

Report of the Town Clerk.

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

Minutes:

The Board received a report of the Town Clerk concerning decisions taken under Delegated Authority since the previous meeting.

 

The report informed Members that a decision had been taken in respect of the governance of the City Corporation’s Social Investment Board.

 

RECEIVED.

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

10.

Questions on matters relating to the work of the Committee

Minutes:

There were no questions.

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

11.

Any Other Business that the Chairman considers urgent

Minutes:

There was no other business.

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

12.

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.

 

 

Item No.

 

Exempt Paragraphs Paragraph(s) in Schedule 12A

13 - 17

3

18 & 19

-

 

 

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

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.

 

            Exempt Paragraphs

Paragraph(s) in Schedule 12A

13 – 17

3

18 & 19

-

 

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

13.

Non-public minutes of the previous meeting

To agree the non-public minutes of the meeting held on 20 July 2012.

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

Minutes:

The non-public minutes of the meeting held on 20 July 2012 were approved.

 

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

14.

Non-public minutes of the Financial Investment Board

To note the non-public minutes of the meetings held on 19 September 2012, 29 October 2012 and 01 November 2012.

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

Minutes:

The Committee received the non-public minutes of the Financial Investment Board meetings held on 19 September 2012, 29 October 2012 and 01 November 2012.

 

RECEIVED.

 

 

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

15.

Non-public minutes of the Property Investment Board

To note the non-public minutes of the meetings held on 18 July 2012, 18 September 2012, 10 October 2012 and 05 November 2012.

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

Minutes:

The Committee received the non-public minutes of the Property Investment Board meetings held on 18 July 2012, 18 September 2012, 10 October 2012 and 05 November 2012.

 

RECEIVED.

 

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

16.

Non-public decisions taken under Delegated Authority Procedures

The Town Clerk to be heard.

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

Minutes:

There were no non-public decisions taken under Delegated Authority or Urgency Procedures since the previous meeting.

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

17.

Strategic Asset Allocation Review

Report of the Chamberlain.

 ...  view the full agenda text for item 17.

Minutes:

The Committee approved a report of the Chamberlain.

 

 ...  view the full minutes text for item 17.

18.

Non-public questions on matters relating to the work of the Committee

Minutes:

There were no questions.

 ...  view the full minutes text for item 18.

19.

Any Other Business that the Chairman considers urgent and which the Committee agree should be considered whilst the public are excluded

Minutes:

There were no urgent items.

 ...  view the full minutes text for item 19.