Decisions

A decision has been taken by the Cabinet Member to approve the appointment of Richard Holmes to the post of Executive Director of the CIC with effect from 1 July 2020 and that Richard’s appointment as a Director of the Company be registered with Companies House.

RESOLVED that:

(1)             the Council invites the Dean of Gloucester, the Very Reverend Stephen Lake, to establish a City Centre Commission for the purpose of developing and overseeing the delivery of a 10 Year Vision for the City Centre

(2)             the Regeneration Advisory Board be replaced by City Centre Commission

(3)             a budget of £10,000 be made available from the Regeneration Reserveto support the administration of the Commission during 2020/21

(4)             Cabinet receives an annual progress report on the City Centre Commission and, subject to satisfactory progress, consider a further annual grant of up to £10,000 to support the work of the Commission.

RESOLVED that the Strategic Risk Register be noted and endorsed.

RESOLVED that the Quarter 4 Performance Report 2019/20 at Appendix 1 of the report be noted.

RESOLVED that:

                  (1)        it be noted that:

                                   i.       the year-end position for the financial year 2019/20 is a decrease to the General Fund balance of £172k against a budgeted decrease of £90k.

                                  ii.      the General Fund balance has decreased from £1.673m to £1.501m at the end of 2019/20.

                                 iii.       the savings achieved in year total £170k.

                                 iv.       the level of earmarked reserves has reduced by £535k to £4.031m.

                                  v.       the impact of COVID19 pandemic on the Council year end position

                  (2)        the transfers to and from earmarked reserves as detailed in the table in section 6 of the report be approved.

RESOLVED as per the recommendations in the confidential report.