25 Exeter City Future Community Interest Company PDF 222 KB
To consider the report of the Chief Executive & Growth Director.
Scrutiny Committee – Resources considered the report at its meeting on 27 January 2016 and its comments will be reported.
Decision:
Agreed
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That it is recommended that Council approve:-
(1) Exeter City Council become a member of the Community Interest Company;
(2) a sum of £50,000 be allocated as a working budget to facilitate the start-up and promotion of the Exeter City Futures Programme; and
(3) membership of the Community Interest Company be taken up and for delegated authority to be given to the Chief Executive & Growth Director to identify two Board Directors.
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Reason for Decision:
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As set out in the report. |
Minutes:
The report of the Chief Executive & Growth Director was submitted updating the Members on the rationale for Exeter City Council to become a member of a Community Interest Company (CIC) to facilitate the delivery of the Exeter City Futures vision. In order to work towards delivery of these ambitious aims, the Council would need to be part of Exeter City Futures Community Interest Company. Members were also asked to recommend that Council agree to the allocation of £50,000 as a one off payment as a working budget to facilitate the start-up and promotion of the Exeter City Futures (ECF) programme.
The Chief Executive & Growth Director advised that this project would focus on making Exeter smarter, more sustainable and more successful by using a combination of pioneering technology and intelligent analytics.
The Leader stated that this project was an important way forward of looking to, amongst other things, tackle congestion in the city and improve sustainability.
The Portfolio Holder for Economy and Culture commented that this proposal set up the governance arrangements for the important partnership with the private sector to establish a Community Limited Company.
Members welcomed this exciting project and the way forward proposed.
Scrutiny Committee – Resources considered the report at its meeting on 27 January 2016 and its comments were reported.
RECOMMENDED that Council approve that:-
(1) Exeter City Council become a member of the Community Interest Company;
(2) a sum of £50,000 be allocated as a working budget to facilitate the start-up and promotion of the Exeter City Futures Programme; and
(3) membership of the Community Interest Company be taken up and for delegated authority to be given to the Chief Executive & Growth Director to identify two Board Directors.
11 Exeter City Futures Community Interest Company PDF 222 KB
To consider the report of the Chief Executive and Growth Director.
Minutes:
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