Issue - meetings

To consider the report of the Director of Finance and Resources, Alexandra Palace and Park. 

Councillor Cooke, as appointed Director of Alexandra Palace Trading Limited, having declared a personal and prejudicial interest in this item, relinquished the Chair. Councillors Hare and Stewart also took no part in the proceedings.

NOTED

Councillor Demirci nominated Councillor Peacock as Chair for the duration of the item.

There being no other nominations it was agreed nemine contradicente that Councillor Peacock take the Chair for the duration of the item.

Councillor Peacock in the Chair

Nigel Watts - Director of Finance & Resources, Alexandra Palace & Park - introduced the report as set out.  He explained that the reports were not circulated with the original agenda packs as matters had not been finalised by the auditors following the Trading Company Board meeting on 13 July 2012.

He informed Members that there were some technical amendments still to be made and requested that the report be approved subject to these amendments, and authority delegated to Councillor Cooke as Chair of the Board to approve such amendments. 

RESOLVED

i)          That approval be given to the written resolutions of the Directors of APTL in relation to the approval of the Directors’ Report and Accounts for the 12 month period ended 31 March 2012, as detailed at Appendix 1 of the report; and

ii)         That approval be given to the written resolution proposed by the Directors of APTL to re-appoint Deloitte LLP as statutory auditor of Alexandra Palace Trading Limited for the financial year ended 31 March 2013.

ii)         That authority to approve the technical amendments be delegated to the Councillor Cooke as Chair of the Alexandra Palace and Park Board.

.

There being no further discussion on the item Councillor Peacock relinquished, and Councillor Cooke resumed the Chair.

COUNCILLOR COOKE IN THE CHAIR

Clerk’s note – Councillor Williams arrived during the discussions of this item.