Issue details

Border to Coast North Yorkshire LP – Update to Governance Documents

 

 

To present the background to the Council’s part-ownership of Border to Coast Pensions Partnership Limited, a company created to manage the investments of the North Yorkshire Pension Fund.

To seek approval of the updated governance documents of Border to Coast Pensions Partnership Limited.

To confirm who will be the shareholder representative from 1 April 2023.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 10/03/2023

This decision will be taken under urgency procedures.

Reason for urgency:
The governance documents have been drafted and approved by all other shareholders and must be signed prior to 31 March 2023.

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
Appendices 1 and 2 contain confidential information on agreements between the shareholders of the company and require the council to comply with confidentiality obligations.

Decision due: 21 Mar 2023 by Shareholder Committee

Lead member: Leader

Lead director: Corporate Director of Resources

Contact: Tom Morrison Email: tom.morrison@northyorks.gov.uk Email: tom.morrison@northyorks.gov.uk.

Consultation process

N/A

Consultees

None

Documents

  • Border to Coast North Yorkshire LP – Update to Governance Documents