Agenda item

Report of the Town Clerk.

The Board considered a report of the Town Clerk that set out its Terms of Reference, the frequency of meetings, the proposed 2015/16 work programme, and the dates of meetings during 2015/16.

The Town Clerk advised that the Investment Committee had recently agreed to reduce its frequency of meetings from three to two times per year. The Investment Committee would meet once in spring and once in January.

A Member noted that any opportunities for co-option to the Board should be looked into to increase the diversity of the membership. The Deputy Chairman suggested that proposals for co-opted Members should be discussed with himself, the Chairman, the City Surveyor, and the Member.

RESOLVED – That:-

a)    Property Investment Board’s Terms of Reference be noted;

b)    the frequency of the Board’s meetings set out in Appendix A be approved; and

c)     the proposed work programme for 2015/16 be approved.