Issue - meetings

To consider the Commercial Strategy.

The Director – Finance and Corporate Services gave a summary of the report which brought forward possible revisions to the strategy. The purpose of the strategy was to identify a shortfall in the Medium Term Financial Strategy and find a way to deal with this shortfall.

Members noted the importance of a strategy which could be easily communicated to and understood by the public.

Members discussed whether there would be a benefit to a Member holding a position as a director of the Aspire companies.

AGREED to Officers being the Executive Directors of the wholly owned companies and for named Councillors to have nominated observer status at the board meetings of the Aspire companies.

Councillor Sell said the Board ought to consider the option of working with other councils on investments.