Agenda and minutes

Venue: VIRTUAL MEETING (ACCESSIBLE REMOTELY)

Contact: Leanne Murphy
tel. no.: 020 7332 3008  Email: leanne.murphy@cityoflondon.gov.uk

Items
No. Item

1.

Apologies

Minutes:

There were no apologies.

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

2.

Members Declarations under the Code of Conduct in respect of Items on this Agenda

Minutes:

There were no declarations.

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

3.

Minutes pdf icon PDF 125 KB

To approve the public minutes and summary of the last meeting held on 11 January 2021.

 

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

Minutes:

The draft public minutes of the Finance & Risk Committee meeting held on 11 January 2021 were approved as a correct record.

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

4.

Projects Update Report pdf icon PDF 239 KB

Report of the Director of Operations and Buildings.

(N.B. – To be read in conjunction with the non-public appendix at Item _)

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

Minutes:

The Committee received a report of the Director of Operations and Buildings providing Members with an update on the Centre’s maintenance and refurbishment projects that fall under the Cyclical Works Programme (CWP) and additional projects funded from other sources.

 

RECEIVED.

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

5.

Questions on matters relating to the work of the Committee

Minutes:

There were no questions.

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

6.

Any other Business THAT THE CHAIR CONSIDERS URGENT

Minutes:

The Chair advised Members that this would be Deputy Giles Shilson’s last Finance & Risk Committee meeting and thanked to him for all of his hard work during his 10 years on the Board. Members and Officers echoed the Chair’s sentiments and the Deputy Chairman thanked the Committee for their kind words. 

 

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

7.

EXCLUSION OF THE PUBLIC

MOTION – That under Section 100A 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 1, of Schedule 12A of the Local Government Act.

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

Minutes:

RESOLVED – That under Section 100A(4) 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 1 of Schedule 12A of the Local Government Act.

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

8.

Non-Public Minutes

To approve the non-public minutes of the last meeting held on 11 Janaury 2021.

 

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

Minutes:

The draft non-public minutes of the Finance & Risk Committee meeting held on 11 January 2021 were approved as a correct record.

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

9.

Covid-19 Situation Update

Report of the Chief Operating and Financial Officer.

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

Minutes:

The Committee considered a report of the Chief Operating and Financial Officer providing Members with an update on the current situation for the Centre as a result of the Covid-19 pandemic.

 

 

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

10.

Barbican Budget Update

Report of the Chief Operating & Financial Officer.

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

Minutes:

The Committee received a report of the Chief Operating & Financial Officer setting out the current financial position of the Barbican Centre, together with its approach in managing the 21/22 budget during a period of unprecedented volatility as a consequence of the pandemic. The Barbican’s long-term business plan was presented to the Board on 18 November and the immediate next steps being undertaken to deliver the plan was also provided.

 

 

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

11.

PROJECTS UPDATE: NON-PUBLIC APPENDIX

To be read in conjunction with the report at Item _.

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

Minutes:

The Committee received the non-public Projects Update appendix to be read in conjunction with item 4.

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

12.

Business Review - January 2021 (Period 10 - 20/21)

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 setting out the Business Review for the January 2021 (Period 10 – 20/21) accounts.

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

13.

Controversial Programming Risk Register

Report of the Interim Artistic Director.

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

Minutes:

The Committee received a report of the Interim Artistic Director updating Members on the Programming Controversial Risk Register and the identified potential risks that occur as a result of specific programmed events and activities, as well as outlining the mitigation processes in place for each.

 

 

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

14.

Risk Update

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 updating Members on the risk management system in place at the Barbican, the significant risks that have been identified and measures for mitigation of these risks.

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

15.

NON-PUBLIC QUESTIONS ON MATTERS RELATING TO THE WORK OF THE COMMITTEE

Minutes:

There were no questions.

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

16.

ANY OTHER BUSINESS THE CHAIR CONSIDERS URGENT WHILST THE PUBLIC ARE EXCLUDED

Minutes:

There were no urgent items.

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