Agenda and minutes

Apologies were received from Roger Chadwick, Henry Colthurst, Tom Hoffman and Deputy Henry Pollard.

Philip Woodhouse declared a non-pecuniary interest by virtue of being acquainted with executives in Ruffer, Lindsell Train and Majedie.

To agree the public minutes and non-public summary of the meeting held on 29 October 2015.

RESOLVED - That the public minutes and non-public summary of the meeting held on 29 October 2105 be agreed as a correct record.

Report of the Town Clerk.

Members discussed and updated the Outstanding Actions table, noting some revisions to the timescales and adding a further action regarding the approach taken by Mercer.

RESOLVED – That the report be noted.

Report of the Chamberlain.

The Board received the monthly review for October 2015, which detailed the list of current investments and also listed them by entity (as requested at the previous meeting). In response to Members’ queries, officers undertook to confirm rates for the Santander and Aberdeen accounts, and advised that the three foreign banks were the only ones currently in the Treasury Management Strategy, which was due for review in February.

RESOLVED – That the report be noted.

There were no questions.

There was no other business.

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.

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.                                                          Paragraph(s) in Schedule 12A

9-12                                                                                         3

13-14                                                                                       -

To agree the non-public minutes of the meeting held on 29 October 2015.

RESOLVED - That the non-public minutes of the meeting held on 29 October 2015 be agreed as a correct record.

Report of the Chamberlain.

Members received a report of the Chamberlain.

Report of Mercer.

Members received a report of Mercer.

Report of the Chamberlain. (TO FOLLOW)

Members considered a report of the Chamberlain.

There were no non-public questions.

There was no other business.