Decision details

The Minutes of the Policy and Resources Committee held on 16 February 2017 were noted.

Arising from item 4 of the Minute (Financial Report Monitoring Pack – December 2016), the Council agreed that this would be dealt with under item 5 of the agenda (Budgeting Pack).

Arising from item 5 of the Minute (Budgeting Pack), the Policy and Resources Committee had referred the Budgeting Pack for consideration to the Council without recommendation.  It was noted that this would be considered under item 5 of the agenda(Budgeting Pack).

Arising from 6 of the Minute (Treasury Management Strategy Statement and Annual Investment Strategy), the Policy and Resources Committee had recommended to Council approval of the proposed Treasury Management Strategy Statement and Annual Investment Strategy subject to review by the Performance Review and Scrutiny Committee in March 2017;  approval of the use of Option 1 (statutory method) for the repayment of loan fund advances in respect of existing capital expenditure and new advances up to 31 March 2021 at an interest rate of 4.644%, with the exception of spend to save schemes where Option 4 (funding/income profile method) will be used; and approval of the ability to use countries with a sovereign rating of AA- and above as recommended by Capita, which would include the use of Abu Dhabi and Qatar, rated as AA.  It was noted that this would be considered under item 6 of the agenda(Treasury Management Strategy Statement and Annual Investment Strategy).

Arising from item 8 of the Minute (Appointment of Independent Members to leisure and Libraries Trust Board), the Council agreed that adverts be placed seeking expressions of interest from suitably qualified and experienced individuals from across the area to take up voluntary Trust Board membership; that applications are assessed against the skills and experience criteria in the matrix submitted in the EY Business Case; and that an appointments panel comprising 4 members of the administration and two opposition nominees, plus substitute members, is agreed to appoint board members. The administration would make appointments based on geographical spread with Councillor Dick Walsh being appointed for Bute and Cowal with Councillor Alex McNaughton as a substitute; Councillor Ellen Morton for Helensburgh and Lomond with Councillor Aileen Morton as substitute; Councillor Roddy McCuish for Oban, Lorn and the Isles with Councillor Elaine Robertson as substitute; and Councillor Robin Currie for Mid Argyll, Kintyre and the Islands with Councillor Donald MacMillan as substitute.  The Opposition appointed Councillors Gordon Blair and Richard Trail as substantive members; and Councillor Sandy Taylor as substitute member.

Arising from item 10 of the Minute (Draft Revised Road Speed Limit Policy Framework), the Council approved the proposed Road Speed Limit Policy Framework as a Council Policy.