Decision details

(1)  That approval be given to the Council taking up membership of the Water Resources East company.

(2)  That the appointment of Councillor E J Poll as a Director of Water Resources East be approved.

(3)  That the Executive Director - Place (or any officer nominated by him) be delegated authority, in consultation with the Executive Councillor for Economy and Place, to exercise the powers of the Council as a member of the Council whether in general meeting or otherwise.

(4)  That approval be given to the making by the council of in-kind contribution to the resourcing of the Company in lieu of a financial commitment.

(5)  That approval be given to the entering into by the council of any collateral agreements, for example any Shareholders or Members Agreements necessary to give effect to the council's membership of the company.

(6)  That the Executive Director – Place be delegated authority, in consultation with the Executive Councillor for Commercial and Environmental Management, to approve the final form of the council's membership of the company, its in-kind contribution and any legal documentation.