Issue - meetings

As detailed in the recommendations, with the inclusion of the 3^rd recommendation below:

(3)       To approve an amendment to the NEW Homes Articles of Association to provide for the termination of directorships due to board meeting non-attendance in any year or financial year with specific terms approved by the NEW Homes Board.

The Chief Officer (Governance) introduced the North East Wales (NEW) Homes Limited report.

            Following Councillor Attridge stepping down as Chair and Board Member of NEW Homes, and an outstanding vacancy for the Board, Councillors Janet Axworthy and Sean Bibby had been nominated to fill both vacancies.

            There were two amendments required to NEW Homes Articles of Association, the first of which would allow the company to appoint a Vice Chair which would provide more flexibility in meetings in the event of the Chair not being present.  The second would allow for termination of directorship in the event that directors of the company failed to attend a certain number of board meetings in any given year or financial year.

RESOLVED:

(a)       That the appointment of Councillor Janet Axworthy and Councillor Sean Bibby be approved as Directors of NEW Homes subject to NEW Homes Board approval;

(b)       That an amendment of the NEW Homes Articles of Association to permit the appointment of a Vice Chair of NEW Homes be approved; and

(c)        That an amendment to the NEW Homes Articles of Association be approved to provide for the termination of directorships due to board meeting non-attendance in any year or financial year with specific terms approved by the NEW Homes Board.