Agenda item

To agree the public minutes and summary of the meeting held on 10 October 2012 (copy attached)

The public minutes and summary of the meeting held on 10 October 2012 were considered.

The Chairman highlighted that two amendments were still to be added to the minutes with regards to the ‘Revenue Outturn’ item and also the comment on the ‘Sports Report 2012’.

A Governor also questioned the wording of the minute regarding the ‘Sutton Trust’ and suggested that this be re-drafted.

MATTERS ARISING

The City of London School Bursary Fund incorporating the City of London School Scholarships & Prizes Fund (page 3) – The Chairman questioned if the £500,000 transfer to the Corporation’s Charities Pool agreed at the last meeting had happened. The Chamberlain stated that the instruction had been given and that this was progressing.

Rodney FitzGerald Bequest (page 6) – In response to a question, the Director of Finance reported that that he had discussed various options around the bequest with Mr FitzGerald’s nephew and executor. These were yet to be considered by the other executors before being agreed on.

RESOLVED – That, subject to the suggested amendments, the public minutes and summary of the meeting held on 10 October 2012 be approved.