The following motion will be moved by the Chair:

“That, pursuant to Section 100A of the Local Government Act 1972 (as amended) members of the press and public be excluded during consideration of the following items on the agenda, as it is likely that there would be disclosure of exempt information as defined in the relevant Paragraphs of Part 1 of Schedule 12A (as amended) of that Act”

Resolved –

That pursuant to Section 100A of the Local Government Act 1972 (as amended), members of the press and public be excluded during consideration of item 78 below as it was likely that there would be a disclosure of exempt information as defined in the relevant paragraphs specified in  ...  view the full minutes text for item 76.

Councillors Ennis, Hacker and Lovelock had previously declared pecuniary interests in item 78 – ‘Homes for Reading’, and as a result did not attend the meeting.  Nature of interest: the Councillors were Directors of Homes for Reading Limited. 

Shareholder / Chief Executive

Peter Sloman, Chief Executive, submitted a report summarising the latest review of the Council’s funding of Homes for Reading Limited (HfR), which contained options on the current choices for the Council, in its capacity as the sole shareholder.  The report stated that since its incorporation, HfR had acquired just over  ...  view the full minutes text for item 78.