Agenda and decisions

Venue: John Meikle Room, The Deane House, Belvedere Road, Taunton TA1 1HE. View directions

Media

Items
No. Item

1.

Apologies for Absence

To receive any apologies for absence.

2.

Minutes from the Previous Meeting pdf icon PDF 93 KB

To approve the minutes from the previous meeting.

Additional documents:

3.

Declarations of Interest

To receive and note any declarations of interests in respect of any matters included on the agenda for consideration at this meeting.

 

(The other registrable interests of Councillors of Somerset Council, arising from membership of City, Town or Parish Councils and other Local Authorities will automatically be recorded in the minutes: City, Town & Parish Twin Hatters - Somerset Councillors 2023 )

4.

Public Question Time

The Chair to advise the Committee of any items on which members of the public have requested to speak and advise those members of the public present of the details of the Council’s public participation scheme.

 

For those members of the public who have submitted any questions or statements, please note, a three-minute time limit applies to each speaker and you will be asked to speak before Councillors debate the issue.

 

We are now live webcasting most of our committee meetings and you are welcome to view and listen to the discussion. The link to each webcast will be available on the meeting webpage, please see details under ‘click here to join online meeting’.

5.

Property and Investment Executive Sub-Committee Forward Plan

To note the forward plan.

6.

Review performance indicators for the Investment Portfolio and main risks to the programme pdf icon PDF 325 KB

Decision:

The Property and Investments Executive Sub-Committee resolved to:

 

  1. Note the performance indicators for the asset management of Commercial Investment Portfolio for Q3 2024/2025 as shown in Tables 1, 2 and 3 below. 
  1. Note the main risks to the programme set out under paragraph 10. 

 

10.

Decision Report Regarding Directors of Aspen House pdf icon PDF 120 KB

Report to follow.

Decision:

Having been duly proposed and seconded, the Property and Investments Executive Sub-Committee resolved to:

 

  1. Nominate and appoint Mel Lock, Executive Director – Adult Services and Kirsty Larkins, Interim Service Director – Housing as Council appointed directors to the board of Aspen Housing and Development Limited (Company number 10000266) with immediate effect. 
  1. Nominate and appoint Mel Lock, Executive Director – Adult Services and Kirsty Larkins, Interim Service Director – Housing as Council appointed directors to the board of Sedgemoor Group Limited (Company number 10084596) with immediate effect. 

 

7.

Key Decision Report on Investment Property

Report to follow.

8.

Key Decision to implement dilapidations to D1 Christchurch Business Park pdf icon PDF 137 KB

Additional documents:

Decision:

Having been duly proposed and seconded, the Property and Investments Executive Sub-Committee resolved to:

 

 

  1. Pass a resolution under Schedule 12A of the Local Government Act 2000 to exclude the press and public from the meeting, on the basis that if they were present during the business to be transacted there would be a likelihood of disclosure of exempt information, within the meaning of Schedule 12A to the Local Government Act 2000: Reason: Information relating to the financial or business affairs of any particular person (including the authority holding that information). 

 

  1. authorise the recommendations regarding implementation of dilapidation works as set out in Confidential Appendix A. 

 

  1. delegate the authority to make all necessary arrangements and agreements to conclude arrangements for the works to the Executive Director for Resources, Strategy and Transformation in consultation with the Lead Member for Economic Development Planning and Assets.

 

9.

Update on Asset Investment

Additional documents:

Decision:

The Property and Investments Executive Sub-Committee resolved to:

 

  1. Pass a resolution under Schedule 12A of the Local Government Act 2000 to exclude the press and public from the meeting, on the basis that if they were present during the business to be transacted there would be a likelihood of disclosure of exempt information, within the meaning of Schedule 12A to the Local Government Act 2000: 

Reason: Information relating to the financial or business affairs of any particular person (including the authority holding that information). 

  1. Exclude the press and public from the meeting where there is any discussion at the meeting regarding this report and the exempt or confidential information contained.  
  1. Note the progress update.