Issue - meetings

To consider options identified by Grant Thornton for the future of Compass Point Business Services (East Coast) Limited (report of the Deputy Leader of the Council and the Deputy Leader of the Cabinet enclosed).

(Please note that Appendices A, B and C associated with this report are not for publication by virtue of Paragraph 3 (Information relating to the financial or business affairs of any particular person (including the authority holding that information)) in Part 1 of Schedule 12a of the Local Government Act 1972, and are therefore attached to this agenda as item 17).

Consideration was given to a report by the Deputy Leader of the Council and the Deputy Leader of the Cabinet regarding options identified by Grant Thornton for the future of Compass Point Business Services (East Coast) Limited

Members were advised that this was the first of two reports concerning the future of Compass Point Business Services (CPBS).  This first report laid out the future options for CPBS, identified by Grant Thornton.  The recommended option was to continue with current arrangements in regard to CPBS.   A second report would be brought in January 2018, before which a working group would be liaising with East Lindsey District Council.  In addition, there would be a briefing for all members, prior to submission of the second report.  This would be an opportunity for members to feed into the process.

The confidential appendices attached at item 17 of the agenda were not discussed in detail and the item was therefore considered in open session.

DECISION:

a)    That the Council agrees to the principle of extending the current arrangements in regard to Compass Point Business Services (East Coast) Ltd beyond the current end date of 2020; and

b)    That a further report is brought forward to consider the detailed arrangements necessary to extend agreements beyond 2020.