38 Local Authority Trading Company for Some Council Services PDF 155 KB
Report of the Leader of the Council
recommending that the Committee note and discuss the proposals
relating to the establishement of a Local Authority Trading Company
for Some Council Services that is scheduled for consideration at
the 18 July 2018 meeting of Council.
Minutes:
The report of the Leader of the Council was submitted recommending that the Council note and discuss the proposals relating to the establishment of a Local Authority Trading Company for Some Council Services that is scheduled for consideration at the 18th July meeting of Council.
RESOLVED:
(i) To consider and take into account the outcome of the Best Value Consultation undertaken in fulfilment of s.3(2) Local Government Act 1999;
(ii) To consider and take into account the outcome of the staff consultation and the ballots carried out by the recognised Trade Unions in relation to the establishment of a LATCo;
(iii) Having considered (i) and (ii) above, as well as the contents of this report, to
(a) endorse the temporary postponement of the formal establishment of the LATCo as a company limited by shares;
(b) support the continued implementation of Business Academy workshops and the commercialisation of Council services; and
(c) endorse the development and implementation of a trading capability within the Council in support of practical application of (b) above, until such time that a recommendation for the formation of a company limited by shares (LATCo) is brought back to Council for its consideration and endorsement;
(iv) To delegate authority to the Chief Executive, following consultation with the Leader of the Council, to take all the necessary steps required for developing and implementing a trading capability within the Council as a pre-cursor to a LATCo.