Agenda item

a)    Resolution of the Investment Committee of 14 May 2014;

b)    Note of the Town Clerk setting out the composition, quorum and terms of reference of the Board; and

c)    Membership of the Social Investment Board 2014/15.

Members received the composition, quorum, Membership and terms of reference for the Board. In response to a Members query, the Town Clerk advised that Court Appointments to the Board lasted for one year.

Members noted that, at their meeting on 22 May 2014, the Financial Investment Board discussed the possibility of the Social Investment Board extending their membership. Members agreed that a skills audit should be carried out to assess whether additional Members needed to be co-opted.

RESOLVED – That:

(a)   A skills audit of the Board be carried out; and

(b)  The composition, quorum, Membership and terms of reference be noted.