Issue - meetings

Recommendation: The Shareholder Committee is asked to recommend to the Chief Executive that under his emergency delegated powers he:

(i)         Approve the Articles of Association for NYnet Limited; and

(ii)        Agree the Written Resolution be signed by the Corporate Director of Strategic Resources on behalf of the Council as shareholder.

Considered – A report of the Assistant Chief Executive (Legal and Democratic Services) seeking shareholder approval for the revised Articles of Association of NYnet Limited.

Again, the report looked at the governance arrangements for NYnet Limited and it was noted the proposed amendments to the Articles of Association were to ensure the document was up to date and appropriate for a Teckal compliant company i.e. used as an internal department of the Council removing the need for full procurement procedures.

Having considered the report provided, members of the Shareholder Committee agreed to recommend to the Chief Executive Officer that using his emergency delegated powers he approve the Articles of Association for NYnet Limited and sign off the Written Resolution on behalf of the shareholder.

Having considered the views of the shareholder Committee, the Chief Executive

Resolved to:

(i)         Approve the Articles of Association for NYnet Limited; and

(ii)      Sign off the Written Resolution on behalf of the shareholder.