Members to give notice of any interest and the nature of that interest relating to any item on the agenda in accordance with the adopted Code of Conduct.

No declarations were made by Executive Members.

To receive and, if so determined, to approve as a correct record the Minutes of the meeting held on 26^th October 2015.

RESOLVED – That the Minutes of the Meeting held on 26^th October 2015 be approved as a correct record.

To consider any matters referred by the Council or by the Overview and Scrutiny Committees.

There were no matters to be reported to this meeting.

To consider a report of the Executive Member for Finance and Director of Finance.

1. That the proposals for the draft revenue budget for 2016/17 be agreed for the purposes of consultation and referred to the Scrutiny Committee for their consideration.

2. That it be noted that the draft proposals are subject to various consultation exercises and impact assessments, movements in core funding, specific grants, costing and robustness assessments.

The Executive Member for Finance and Director of Finance submitted a report which set out the Executive’s draft revenue budget proposals for 2016/17. An opportunity was provided for Members to ask questions in relation to the proposals. Initial responses were given by the Executive Member for Finance and other portfolio holders, and it was noted that issues could be raised in greater detail in the course of the forthcoming budget scrutiny process.

            RESOLVED -

(1)        That the proposals for the draft revenue budget for 2016/17 be agreed for the purposes of consultation and referred to the Scrutiny Committee for their consideration.

(2)        That it be noted that the draft proposals are subject to various consultation exercises and impact assessments, movements in core funding, specific grants, costing and robustness assessments.

To consider a report of the Leader of the Council and Chief Executive.

1. That the contents of the report be noted.

2. That it be noted that authority to approve the successful bid and to proceed with an award of contract(s) in relation to services required under the Working Well Expansion Programme is to be reserved to the Leader in consultation with the Chief Executive.

3. That the proposal that Trafford Council assume the contracting role on behalf of GMCA with regard to the contract for services required under the Working Well Expansion Programme be approved.

4. That authority to agree terms for and to complete all legal documentation required to complete the Inter Authority Agreement and the contract(s) with the successful bidder(s) be delegated to the Director of Legal and Democratic Services in consultation with the Chief Executive.

The Leader of the Council and Chief Executive submitted a report which provided information on the pilot Working Well Programme and its performance results, the Working Well Expansion Programme and the proposed inter-authority agreement and associated matters.

            RESOLVED -

(1)        That the contents of the report be noted.

(2)        That it be noted that authority to approve the successful bid and to proceed with an award of contract(s) in relation to services required under the Working Well Expansion Programme is to be reserved to the Leader in consultation with the Chief Executive.

(3)        That the proposal that Trafford Council assume the contracting role on behalf of GMCA with regard to the contract for services required under the Working Well Expansion Programme be approved.

(4)        That authority to agree terms for and to complete all legal documentation required to complete the Inter Authority Agreement and the contract(s) with the successful bidder(s) be delegated to the Director of Legal and Democratic Services in consultation with the Chief Executive.

To consider a report of the Executive Member for Economic Growth and Planning.

1. That approval be given to commence the procurement of a Developer Partner for the Tamworth site in order to facilitate the delivery of the Old Trafford Master Plan (OTMP).

2. That the OTMP Board be authorised to oversee the procurement in accordance with the provisions of the Old Trafford Land Pooling Agreement.

3. That the Deputy Chief Executive, in consultation with the Director of Legal and Democratic Services, be authorised to finalise the procurement in accordance with the process set out in this report and complete the necessary documentation.

The Executive Member for Economic Growth and Planning submitted a report concerning the future of the Tamworth site in the context of the Old Trafford Masterplan, and seeking approval for the commencement of procurement of a Developer Partner.

            RESOLVED -

(1)        That approval be given to commence the procurement of a Developer Partner for the Tamworth site in order to facilitate the delivery of the Old Trafford Master Plan (OTMP).

(2)        That the OTMP Board be authorised to oversee the procurement in accordance with the provisions of the Old Trafford Land Pooling Agreement.

(3)        That the Deputy Chief Executive, in consultation with the Director of Legal and Democratic Services, be authorised to finalise the procurement in accordance with the process set out in this report and complete the necessary documentation.

To consider a report of the Executive Member for Finance and Director of Finance.

That it be recommended to Council that with effect from 1 April 2015:

a)           the Council’s MRP policy, paragraph (a) only, be amended to, “For capital expenditure incurred before 1 April 2008: MRP will be calculated on an straight line basis over the expected average useful life of the assets”;

b)           the annual PFI lease charge be financed from the provision currently set-up to cover the final bullet payment and that capital receipts be used to replenish this provision to ensure this can still be made in 2028/29.

The Executive Member for Finance and Director of Finance submitted a report outlining the recent review undertaken of the Council’s annual Minimum Revenue Provision (MRP) charge to the revenue budget in respect of capital expenditure financed by borrowing. An opportunity was provided for Members to ask questions regarding the options as set out in the report.

RESOLVED - That it be recommended to Council that with effect from 1 April 2015:

a)           the Council’s MRP policy, paragraph (a) only, be amended to, “For capital expenditure incurred before 1 April 2008: MRP will be calculated on an straight line basis over the expected average useful life of the assets”;

b)           the annual PFI lease charge be financed from the provision currently set-up to cover the final bullet payment and that capital receipts be used to replenish this provision to ensure this can still be made in 2028/29.

To consider a report of the Executive Member for Finance and Director of Finance.

The Executive Member for Finance and Director of Finance submitted a report, in accordance with the CIPFA Code of Practice adopted by the Council, which provided an update on the progress of treasury management activities undertaken for the first half of 2015/16.

RESOLVED – That the treasury management activities undertaken in the first half of 2015/16 be noted.

To consider a report of the Executive Member for Finance and Director of Finance.

That the latest forecast and planned actions be noted and agreed.

The Executive Member for Finance and Director of Finance submitted a report presenting the findings of the monitoring of the Council’s revenue budget, for the period ending September 2015. The Executive Member for Finance discussed some of the key features in greater detail, and an opportunity was provided for Members to raise questions on the report’s content.

RESOLVED - That the latest forecast and planned actions be noted and agreed.

To consider a report of the Executive Member for Finance and Director of Finance.

1. That the amendments to the 2015/16 Capital Investment Programme be approved.

2. That the monitoring report be noted.

The Executive Member for Finance and Director of Finance submitted a report which summarised the key features of the capital budget position for the period ending 30 September 2015.

            RESOLVED -

(1)        That the amendments to the 2015/16 Capital Investment Programme be approved.

(2)        That the monitoring report be noted.

To consider a report of the Executive Member for Transformation and Resources.

The Executive Member for Transformation and Resources submitted a report which provided a summary of performance, during the period 1 June to 30 September 2015, against the Council’s Annual Delivery Plan 2015/16. Members were advised of an amendment to the report in respect of the percentages of Council Tax and Business Rates collection; and an opportunity was provided for Members to raise questions on the report’s content.

            RESOLVED – That the content of the report be noted.

To receive and note the following:

The Executive received for information details of decisions taken by the GMCA and Joint GMCA / AGMA Executive Board on 30^th October 2015.

            RESOLVED – That the content of the decision summaries be noted.