SUB-COMMITTEE
PRESENT: Councillors C.
Rosenstiel (Chair), Bagnall, Bradnack, Dixon, Lakin, Nimmo-Smith
FOR
INFORMATION OF THE COUNCIL
01/k/23 MINUTES
The Sub-Committee confirmed the minutes of the meeting
held on 4 April 2001 as a correct record which were signed by the Chair.
01/k/24 APOLOGIES FOR ABSENCE
There were none.
01/k/25 DECLARATIONS OF INTEREST
Councillor Dixon declared a Code of Conduct (non-pecuniary) interest as
he contributed to the Universities
Superannuation Scheme.
No members of the public wished to address the
Sub-Committee.
01/k/27 EXCLUSION OF PRESS & PUBLIC
The Sub-Committee agreed to exclude members of the press and public from
the meeting on the grounds that if they were present there would be disclosure
to them of information defined as exempt from publication by paragraph 12 of
Part 1 Schedule 12 (a) of the Local Government Act 1972.
01/k/28 INDEMNITY
AGREEMENT
The Sub-Committee agreed that Clause 6 of the
Terms of the Indemnity Agreement should be included in the non-confidential
section of the Agreement.
1) To confirm that those parts of the agreement which have been identified by USS as needing to be confidential remain so, with the exception of Clause 6.
2) To authorise officers to seal and
exchange the agreement on the basis outlined in the report.
01/k/29 GRAND
ARCADE – CROWNE PLAZA & JOHN LEWIS PARTNERSHIP
The Sub-Committee in referring to rent levels under the terms to be
agreed with John Lewis Partnership requested that an appropriate escalator be
applied. The Head of Property and
Building Services in noting this request, advised the Sub-Committee that this
issue was still subject to further negotiation.
Resolved
To accept the terms agreed with John
Lewis Partnership as set out in Appendix 2 and to authorise officers to
negotiate and agree terms on this basis noting the comment above on rent
levels.
The meeting ended at 6.35pm.