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 Shareholder Committee agreed that under Section 100A of the Local Government Act 1972, the public be excluded from the meeting during consideration of item 3 ‘Minutes of the last meeting held on 20 January 2023’ (restricted minutes only) and Item 4 ‘Blackpool Operating Company Limited Update’ 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 minutes of the last meeting held on 3 February 2023 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 press and public were excluded from the consideration of the restricted minute part of this item as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972).

The Committee conisdered the minutes of the last meeting held on 20 January 2023, noting that there was a public and restricted version.

The Committee agreed the minutes of the meeting as a true and correct record.

To update the Shareholder Committee on the work of Blackpool Operating Company Limited including financial performance.

(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).

Ms Kate Shane, Regional Director, Merlin Entertainments Blackpool and Councillor Mark Smith, Chair, Blackpool Operating Company Limited Board joined the meeting from this item.

(The press and public were excluded prior to the consideration of this item as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972).

Ms Kate Shane, Regional Director, Merlin Entertainments Blackpool provided a presentation to the Committee on the work undertaken by Merlin to date highlighting the due diligence update, current financial performance, health, safety and security, guest feedback, marketing and potential opportunities.

The Committee considered the information presented in detail and noted the update provided.

To note the date and time of the next meeting as Friday 10 March 2023, commencing at 10am.

The Committee noted the date and time of the next meeting as Friday 10 March 2023, commencing at 10am.