Agenda and minutes

Cabinet
Wednesday, 18th January, 2017 10.00 am

Venue: Oak Room, County Buildings, Stafford. View directions

Contact: Mike Bradbury  Email: michael.bradbury@staffordshire.gov.uk

Media

Items
No. Item

72.

Decision notice of the meeting held on 21 December 2016 pdf icon PDF 142 KB

Additional documents:

Minutes:

Decision – That the notes of the meeting held on 21 December 2016 be approved.

 

73.

Leader's Update

Oral report of the Leader of the Council

Additional documents:

Minutes:

Decision – That the oral report of the Leader of the Council giving an update on a range of issues including the return of pupils to Flash Ley School in Stafford after over a year in temporary accommodation together with a tribute to those persons in Staffordshire who had been recognised in the Queen’s New Year Honours; be noted.

74.

Quarter 3, 2016/17 Performance Report pdf icon PDF 890 KB

Leader of the Council and Deputy Leader and Cabinet Member for Finance and Corporate Matters

Additional documents:

Minutes:

Philip Atkins

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We are continuing our drive to make Staffordshire a more prosperous county where there are more opportunities for people to have better paid jobs. Our partnership with Keele University continues with our commitment to support delivery of a new innovation centre, while progress at our key business development sites continues at pace with announcements of more business relocation at i54 South Staffordshire and Kingswood Lakeside. As we move towards full business rate retention these developments will play their part in ensuring we can continue to support people to live independent lives through the income generated for the council by business rates. Staffordshire has near full employment and our schools are delivering good GCSE results higher than the national average.”

 

Philip Atkins OBE, Leader of the Council

 

“We are managing financial challenges effectively with continued pressures from supporting health and social care and an ageing population. The loss of income from the Better Care Fund means we have managed an overspend of £12.2m in quarter two, which is 2.6 per cent of the council’s overall budget. This has been reduced from £13.4million in the first quarter.”

 

Ian Parry, Deputy Leader and Cabinet Member for Finance and Corporate Matters.

 

Reasons for the Decision – To provide Cabinet with an overview of the county council’s performance (including the delivery of the Medium Term Financial Strategy) and the progress being made in delivering the three priority outcomes –

 

·         The people of Staffordshire will be able to access more good jobs and feel the benefits of economic growth.

·         The people of Staffordshire will be healthier and more independent.

·         The people of Staffordshire will feel safer, happier and more supported in and by their Community.

 

Decision – That the report be received.

75.

Staffordshire Highway Infrastructure Asset Management Plan 2017 pdf icon PDF 410 KB

Cabinet Member for Highways and Transport

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Minutes:

Good roads are important for businesses, for residents and for the county council. Here in Staffordshire we have more than 6,000km of roads to maintain and over the past six years we have improved the overall condition of our vast network.

 

This new plan sets out how we can continue to deliver effective and efficient highways operations with the budget available.”

 

Mark Deaville, Cabinet Member for Highways and Transport

 

Reasons for the Decision – To consider the proposed Policy and Strategy of the Highway Infrastructure Asset Management Plan, a non-statutory document that sets out the County Council’s Strategic approach that identifies the optimal allocation of resources for the management, operation, preservation and enhancement of the highway infrastructure that meets the needs of businesses and all stakeholders using the network.

 

Decision – (a) That the content of the Policy and Strategy of the Highway Infrastructure Asset Management Plan (HIAMP) for Staffordshire, which has been developed to fit within the available budget, be noted.

 

(b) That the Policy and Strategy of the HIAMP be approved.

 

(c) That authority be delegated to the Director of Economy, Infrastructure and Skills to approve the HIAMP supporting policy documents.

76.

The Keele Deal pdf icon PDF 449 KB

Leader of the Council

Additional documents:

Minutes:

Philip Atkins

 

The New Keele Deal really is unique nationally and will put Staffordshire at the forefront of the UK’s emerging industrial strategy. Improved innovation in business leads to greater productivity which is essential for the economy and for a stable future for business. Not only will the Keele Deal bring growth and create high quality jobs, it will also improve healthcare locally through greater research and development of new treatments. As a county council we are set to commit to a £2million investment in the new Innovation Centre at Keele University Science and Innovation Park to support businesses to grow.  The new Mercia Centre for Innovation Leadership will support local business leaders to develop the skills needed to innovate and grow their businesses.”

 

Philip Atkins OBE, Leader of the Council

 

Reasons for the Decision – To consider the “Keele Deal”, a plan for investment by the University, private and public sectors to realise the benefits from research and innovation, to generate significant economic growth, improve local health and care and to make a leading contribution to the transition to a lower carbon local economy.

 

Decision – (a) That the proposed deal for growth with Keele University and other partners be endorsed.

 

(b) That the context that this report provides for the stand alone report on Innovation Centre 6 (IC6) be noted.

77.

Innovation Centre No 6, Keele University pdf icon PDF 298 KB

Cabinet Member for Economic Growth

Additional documents:

Minutes:

Keele University Science and Innovation Park is the county’s leading site for innovation and research and we want to support its continued growth. The established innovation centres there are thriving and we are keen to see this expanded. We have an effective business partnership with Keele University which has grown stronger through the IC5 project. We have near full employment in Staffordshire and our drive now is to create high quality, skilled jobs, which IC6 will help to deliver.”

 

Mark Winnington, Cabinet Member for Economic Growth

 

Reasons for the Decision – To consider making a capital investment in the proposed Mercia Centre for Innovation Leadership (MCIL) on the Keele University Science and Innovation Park for the creation of IC6 within the MCIL development.

 

Decision – (a) That, subject to Keele University securing the external funding identified in the report, the investment of a maximum of £2.02m for the creation of IC6 within the Mercia Centre for Innovation Leadership (MCIL) on Keele University Science and Innovation Park be approved.

 

(b) That the long term investment of the County Council controlled element of the MCIL generated business rates be accepted and approved subject to Newcastle Borough Council and the Business Rates Pool Board allocating the business rates income from MCIL as set out in the report.

 

(c) That the final approval to the proposals be delegated to the Cabinet Member for Economic Growth and the Director for Economy, Infrastructure and Skills.

78.

Treasury Management, Annual Investment and Minimum Revenue Provision Strategies 2017/18 pdf icon PDF 787 KB

Deputy Leader and Cabinet Member for Finance and Corporate Matters

Additional documents:

Minutes:

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The uncertainties associated with the UK economy since the Brexit vote means that, like all authorities, the county council still faces risks in undertaking its treasury management activities. We will continue with our sensible approach of investing carefully and maximising the use of our cash instead of borrowing, to save money.”

 

Ian Parry, Deputy Leader and Cabinet Member for Finance and Corporate Matters.

 

Reasons for the Decision The Local Government Act 2003 requires a local authority to have regard to the Prudential Code and to set Prudential Indicators for the next three years to ensure that its capital investment plans are affordable, prudent and sustainable. The Prudential Indicators are approved as part of the Medium Term Financial Strategy (MTFS).  The Treasury Management Strategy is a key element of the MTFS as the planned capital expenditure programme drives the borrowing required.

 

Decision – (a) That, in accordance with the regulations, it be recommended to the County Council, at its meeting on the 23 March 2017, that the Annual Investment Strategy (AIS) 2017/18 (detailed in paragraphs 26 to 67 and Appendices 2 and 4of the report) be adopted.

 

(b)That, as required by guidance, the following policies (as described in paragraphs 95 to 105 to the report) be approved;

 

i) reviewing the strategy;

ii) the use of external advisers;

iii) investment management training; and

iv) the use of financial derivatives.

 

(c)That the proposed borrowing strategy for the 2017/18 financial year comprising:

 

  • maximising the use of cash in lieu of borrowing as far as is practical;
  • the ability to borrow new long term loans where deemed appropriate;
  • a forward borrowing strategy that will not be used in 2017/18;
  • the use of cash to repay loans early, subject to market conditions; and
  • a loan rescheduling strategy that is unlimited where this re-balances risk.

 

be approved.

 

(d) That all of the above to operate within the prudential limits set out in Appendix 5 to the report and to report to the Deputy Leader and Cabinet Member for Finance and

Corporate Matters with respect to decisions made for raising new long term loans, early loan repayment and loan rescheduling.

 

(e) That, in accordance with the regulations, it also be recommended to the County Council that the Minimum Revenue Provision (MRP) policy 2017/18 (as summarised in paragraphs 106 to 108; and as set out in full at Appendix 8 to the report), be adopted.

79.

Forward Plan of Key Decisions pdf icon PDF 131 KB

Additional documents:

Minutes:

The Forward Plan of Key Decisions for the period 15 Februaryto 21 June 2017, which detailed the following issues, was approved:

 

Subject Matter

Contact

Third Quarter Budget Monitoring Report

Name: Rachel Spain

Tel: (01785) 854455

Stoke-on-Trent and Staffordshire Growth Hub

Name: Steve Burrows

Tel: (01785) 277204

Debt Benefits and Consumer Advice

Name: Dr Richard Harling

Tel: (01785) 278700

Alternative Uses for Shire Hall, Stafford

Name: Ian Turner

Tel: (01785) 277228

Future Operating Model for Staffordshire's Arts Service

Name: Janene Cox

Tel: (01785) 278368

Quarter 4, 2016/17 Performance Report

Name: Lauren Jackson

Tel: (01785) 854561

Fourth Quarter Budget Monitoring Report

Name: Rachel Spain

Tel: (01785) 854455

 

 

80.

Exclusion of the Public

The Chairman to move:-

 

“That the public be excluded from the meeting for the following items of business which involve the likely disclosure of exempt information as defined in the paragraphs of Part 1 of Schedule 12A (as amended) of Local Government Act 1972 indicated below”.

 

 

PART TWO

(All reports in this section are exempt)

Additional documents:

Minutes:

RESOLVED - That the public be excluded from the meeting for the following items of business which involve the likely disclosure of exempt information as defined in the paragraphs of Part 1 of Schedule 12A (as amended) of Local Government Act 1972 indicated below.

 

PART TWO

 

The Cabinet then proceeded to consider reports on the following issues:

 

81.

Exempt Decision notice of the meeting held on 21 December 2016

(exemption paragraph 3)

Additional documents:

Minutes:

(Exemption paragraph 3)

82.

Appropriation of former Sainsbury’s Site, Newcastle-Under-Lyme for Planning Purposes

(exemption paragraph 3)

 

Deputy Leader and Cabinet Member for Finance and Corporate Matters

Minutes:

(Exemption paragraph 3)