Item 5 - Capital Ambition AGM - Operational matters and accounts (CAB25/6)

For review by members, this report includes:

a)    The Capital Ambition Board terms of reference and membership
b)    An end of year summary of operational progress in 2014/15
c)    An end of year financial statement and transactions list for 2014/15
d)    An outline three year budget proposal and business plan

Recommendations    

That members:

a)    Note the appointment of the Capital Ambition Board and election of its Chair and Vice Chair by Leaders’ Committee on 2 June 2015 (see section A)
b)    Welcome the new adviser to the Board: James Rolfe, LB Enfield
c)    Review the summary of progress in 2014/15 (see section B)
d)    Approve the financial statement and transactions list for 2014/15 (see section C)
e)    Review and approve the three year budget proposal and business plan (see section D)