Agenda and minutes

Extraordinary Meeting, Council
Monday, 28th September, 2015 7.00 pm

Venue: Civic Offices, St Nicholas Way, Sutton SM1 1EA

Contact: Alexa Coates, Committee and Management Services Support Manager  Tel: 020 8770 5094 | Email:  alexa.coates@sutton.gov.uk

Items
No. Item

19.

Mayor's Announcements

Minutes:

a)    Mayor’s announcements

 

The Mayor informed members that Gill Brennan, wife of former Leader of the Council and Mayor Sean Brennan, died recently. Gill was Mayoress from 2012 to 2014.

 

b)   Apologies for absence

 

Apologies for absence were received from:

 

Councillors Manuel Abellan, Pathumal Ali, David Bartolucci, Richard Broadbent, Samantha Bourne, Kevin Burke, Mary Burstow, Margaret Court, Jean Crosby, Nick Emmerson, Amy Haldane, Doug Hunt, Vincent Galligan, Arthur Hookway, Miguel Javelot, Richard Marston, Callum Morton, Nali Patel,  Marian Radford, Alan Salter and Colin Stears.

 

c)    Procedural Motion

 

The Mayor moved a procedural motion to suspend Council Procedure rule 12.6 requirement to stand which was duly carried.

20.

Declarations of Interest

Councillors to declare any personal or prejudicial interests that they have on matters to be discussed at this evening’s Council meeting.

Minutes:

There were no declarations of interest.

21.

Requisitions pdf icon PDF 83 KB

Council are asked to consider two requisition requests relating to decisions taken at the Opportunity Sutton Sub Committee held on 4 August 2015.

Additional documents:

Minutes:

In accordance with Rules of Procedure (23.4) Councillor Simon Wales, Chair of the Opportunity Sutton Ltd Sub Committee moved the adoption of draft resolutions Item 5a recommendation 2.3 and Item 5b recommendations 2.1-2.4 considered by the Opportunity Sutton Ltd Sub Committee held on 4 August 2015. Members agreed to take the requisitions as a single debate.

 

Following debate the minutes were put to the vote. In accordance Rules of Procedure (15.2) a recorded vote was requested, the result of which was as follows:

 

Item 5a recommendation 2.3

 

In favour of the adoption of the minute (18)

Richard Clifton, Steve Cook, Adrian Davey, Ruth Dombey, Trish Fivey, Sunita Gordon, Marlene Heron, Edward Joyce, Wendy Mathys, Jayne McCoy, Joyce Melican, Steve Penneck, Nighat Piracha, Hamish Pollock, Daniel Sangster,  Simon Wales, Jill Whitehead, Graham Whitham.

 

Against the adoption of the minute (9)

Moira Butt, Tim Crowley, Neil Garratt, David Hicks, Nick Mattey, Patrick McManus, Jane Pascoe, Holly Ramsey, Tony Shields,

 

Abstentions (1)

Muhammad Sadiq

 

The minute was carried

 

Resolved

 

  1. That the appointment of Sutton Living company directors, Mark Baigant (Managing Director), Simon Latham (Director) and Sue Hogg (Director) be approved.

Item 5b recommendations 2.1-2.4

 

In favour of the adoption of the minute (18)

Richard Clifton, Steve Cook, Adrian Davey, Ruth Dombey, Trish Fivey, Sunita Gordon, Marlene Heron, Edward Joyce, Wendy Mathys, Jayne McCoy, Joyce Melican, Steve Penneck, Nighat Piracha, Hamish Pollock, Daniel Sangster,  Simon Wales, Jill Whitehead, Graham Whitham.

 

Against the adoption of the minute (9)

Moira Butt, Tim Crowley, Neil Garratt, David Hicks, Nick Mattey, Patrick McManus, Jane Pascoe, Holly Ramsey, Tony Shields,

 

Abstentions (1)

Muhammad Sadiq

 

The minute was carried

 

Resolved

 

  1. That the Sutton Living business plan as set out in Appendix A to the report be approved, so that, once established, the Company can commence operations in line with this plan.

 

  1. That the principle of the terms of the proposed loan facility be approved as set out in the report, and that final negotiation and sign-off of the detailed loan agreement between the London Borough of Sutton and Sutton Living be delegated to the Strategic Director of Resources.

 

  1. That a reserved matter; in year sign off on changes to the core assumptions and thresholds within the Financial Model (shown in Sections 7-12, Appendix A of the report) be delegated to the Strategic Director of Resources and that these decisions be reported to the sub committee on a quarterly basis along with an annual review of the core assumptions and thresholds within the Financial Model by the sub committee.

 

  1. That authority be delegated to the Strategic Director of Resources to agree financing arrangements (and specifically the proportion of council equity to borrowing) for those investments and contracts that are below the reserved matters threshold and therefore not subject to agreement by the sub committee (i.e. below £5m in investment and below £3m in contract).