Decision Maker: Cabinet, Council

Outcome: Recommmend Forward to Council

Is Key Decision?: No

Is Callable In?: No

Date of Decision: October 2, 2024

Purpose: to update Cabinet on the review of Council owned companies and to recommend to Council associated amendments to the Constitution

Content: RESOLVED that Cabinet: - Notes the establishment of the Shareholder Advisory Board and the Shareholder Operations Board. Cabinet RECOMMENDS that Council: - (a)          Approve the Shareholder Advisory Board and Shareholder Operations Board Governance Framework for inclusion in the Council’s Constitution; (b)          Approve the Guidance to Councillors and Officers Appointed to Outside Bodies for inclusion in the Council’s Constitution; and (c)          Delegate authority to the Monitoring Officer to take all steps necessary to ensure the Council’s Constitution remains up to date in respect of these documents. Voting: Unanimous Portfolio Holder: Transformation, Resource and Governance Reason To ensure that all Council owned companies operate within effective and transparent governance.