Agenda, decisions and minutes

There were no apologies for absence.

To provide an opportunity for Members and Officers to declare any disclosable pecuniary and non-pecuniary interests in any item on the agenda.

No declarations of interest were made.

In accordance with Procedure Rules Nos.11 and 35 a period of 10 minutes is allocated for members of the public to address the meeting on any matter relevant to the work of the body in question.  Individual members of the public may speak for up to 5 minutes but the Chairman or person presiding will decide how the period of time allocated for public speaking will be apportioned where there are a number of speakers. Members of the public are not required to give notice to use this facility. However, as a matter of courtesy, a period of 24 hours’ notice is encouraged.

Members of the public wishing to ask a question at the meeting should provide at least three clear working days’ notice in writing and should include the question with that notice. This will enable an informed answer to be given.

No members of the public were present.

To consider the recommendations, as set out in the report.

1.    That the finalisation of financial legal and technical details of the JVCo and completion of detailed due diligence be noted.

2.    That it be noted that the due diligence has concluded that the proposed arrangement is commercially sound, will deliver financial benefits to Ansa, CERF and the Council and has not identified any significant issues that would stand in the way of proceeding to establish the JVCo.

On 13 June 2017 Cabinet had considered a report on a possible opportunity being pursued by Ansa to form a JV Trading Company (JVCO) with High Peak Borough Council (HP) and Staffordshire Moorlands District Council (SM).

The development of the JV would be on an incremental basis and broken down into two discrete phases: Phase 1 covering the establishment of the JV and the delivery of waste collection activities within High Peak only with a commencement date of 7 August 2017; and phase 2 including the expansion of waste services to Staffordshire Moorlands and all other combined environmental services for both High Peak and Staffordshire Moorlands with commencement in August 2018.

Cabinet had made a number of recommendations, including endorsing in principle the business expansion opportunity being pursued by Ansa to form a JV Trading Company (JVCo) with High Peak and Staffordshire Moorlands, and authorising the Portfolio Holder for Finance and Communities, in consultation with the Section 151 Officer and the Director of Legal Services, to finalise the financial, legal and technical details of the JVCo.

The financial, legal and technical details of the JV had now been finalised and due diligence completed for phase 1.  These were set out in the report.

RESOLVED

1.    That the finalisation of financial legal and technical details of the JVCo and completion of detailed due diligence be noted.

2.    That it be noted that the due diligence has concluded that the proposed arrangement is commercially sound, will deliver financial benefits to Ansa, CERF and the Council and has not identified any significant issues that would stand in the way of proceeding to establish the JVCo.