Agenda and minutes
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Contact: Charles Hungwe
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Death of Howard Evans Councillor Worrow referred to the recent death of DJ Howard Evans. All present stood for a minute’s silence as a mark of their respect. |
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Apologies for Absence Minutes: There were no apologies for absence. |
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Declarations of Interest 'To receive any declarations of interest. Members are advised to consider the advice contained within the Declaration of Interest Form attached at the back of this Agenda. If a Member declares an interest, they should complete that form and hand it to the Officer clerking the meeting and then take the prescribed course of action.'
Minutes: There were no declarations of interests. |
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Credit Methodology Changes Additional documents: Minutes: Matthew Sumner, Capital and Treasury Accountant, presented the report.
Councillor Binks made observations in relation to the following parts of Annex 1: “Banks 2 – Guaranteed Banks with suitable Sovereign Support”: “Banks 3 – Part nationalised UK banks”: “Bank subsidiary and treasury operations”: and “Money market funds (including enhanced money market funds) – AAA”.
It was proposed by Councillor D Saunders, seconded by Councillor Binks and RESOLVED:
“THAT the option as set out at Paragraph 3.1 of the report (in line with Capita’s new rating assessment methodology) be APPROVED. |