Decision details

ESTABLISHMENT OF A NEW LOCAL GOVERNMENT MUTUAL

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

1. That the Council’s participation as a Founding Member of Local Government Mutual be supported and the Leader and Executive Member for Finance be nominated to be Founding Member committee members.

 

2. That the Corporate Director, Finance and Systems be authorised to share the Council’s relevant risk transfer and protection data with the LGA officers working on the project on a strictly confidential basis.

 

3. That it be noted that officers will consider the business case for utilising the Mutual at the appropriate time and to request them to report accordingly to the Executive on the same prior to any further decision being taken in relation to participation in the Mutual.

Report author: Director Finance and Systems

Publication date: 31/10/2018

Date of decision: 29/10/2018

Decided at meeting: 29/10/2018 - Executive

Effective from: 08/11/2018

Accompanying Documents: