Agenda and minutes

Members are asked to declare any interests in the items under consideration and in doing so state:

(1) the type of interest concerned either a

(a)   personal interest

(b)   prejudicial interest

(c)    disclosable pecuniary interest (DPI)

and

(2) the nature of the interest concerned

If any member requires advice on declarations of interests, they are advised to contact the Head of Democratic Governance in advance of the meeting.

There were no declarations of interest on this occasion.

The Advisory Board resolved that under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting during consideration of the restricted minute within Item 3 ‘Minutes of the last meeting held on 17 May 2018’, the whole of Item 4 ‘Blackpool Operating Company Limited – Future Objectives’, the whole of Item 5 ‘Corporation Tax’ and part of Item 6 ‘Company Performance Indicators’ during consideration of the draft performance indicator data, on the grounds that they would involve the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act.

To agree the public and restricted minutes of the last meeting held on 17 May 2018 as a true and correct record.

(This item contains commercially sensitive information which is exempt from publication by virtue of Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.)

The Advisory Board considered the minutes of the last meeting held on 17 May 2018, noting that there was a public and restricted version.

The Advisory Board agreed that the minutes be signed by the Chairman as a true and correct record.

To outline the options for the future objectives of Blackpool Operating Company Limited.

(This item contains commercially sensitive information which is exempt from publication by virtue of Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.)

The Advisory Board considered the options for the future objectives of Blackpool Operating Company Limited. Councillor Graham Cain, Chairman, Blackpool Operating Company Limited highlighted additional details on the preferred option.

The Advisory Board recommended, as the representative of the Shareholder, that the Council and Blackpool Operating Company Limited actively pursue the preferred option.

To receive information relating to Corporation Tax from Mr Steve Thompson, Director of Resources.

(This item contains commercially sensitive information which is exempt from publication by virtue of Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.)

Mr Steve Thompson, Director of Resources had been invited to attend the Advisory Board following a request made at the previous meeting by Members to further their understanding of Corporation Tax. Mr Thompson advised of the requirements and responsibilities of companies with regards to Corporation Tax. He added that financial planning was very important and that he met regularly with the Finance Directors of each company.

He also highlighted other key funds and taxes including Capital Allowances, Stamp Duty Land Tax, the Bus Service Operators Grant, Land Remediation Relief and VAT Cultural Exemption.

To provide an end of year update for 2017/2018 and to agree 2018/2019 targets for the suite of Key Performance Indicators (KPIs).

(This item contains commercially sensitive information which is exempt from publication by virtue of Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.)

The Advisory Board considered the end of year update of the Company Performance Indicators for 2017/2018 and the targets for the indicators for 2018/2019. Members discussed the indicators and targets for each company in detail.

Councillor Graham Cain, Chairman, Blackpool Operating Company Limited (BOCL) highlighted the recent award won by the Sandcastle Waterpark, ‘Most Popular Changing Places Toilet Facility in the UK’. Members commended the achievement and it was agreed that a request be made through the Director of Community and Environmental Services to Danfo, who were building a new toilet facility opposite the Sandcastle, to install a plaque to highlight that a Changing Places Toilet Facility was available for use in the waterpark building.

The Advisory Board also noted the defibrillators that were being installed along the promenade, a project instigated by BOCL in partnership with North West Ambulance Service. The maintenance and support of the defibrillators would be an excellent example of joint working with a number of organisations and services involved.

Mr John Child, Managing Director, BOCL, Councillor Graham Cain, Chairman, BOCL and Mrs Lorraine Hurst, on behalf of Company Secretary left the meeting following the conclusion of consideration of the BOCL performance indicators.

The Advisory Board agreed the targets for the indicators for 2018/2019.

To note the date and time of the next meeting as Tuesday 18 September 2018, commencing at 3.00pm.

The Advisory Board noted the date and time of the next meeting as Tuesday 18 September 2018, commencing at 3pm.