(a)          Decision(s)

(1)  That the position be noted and that AVE be asked to address the issues raised by the Economy and Business Development Scrutiny Committee and those expressed at this meeting as part of the on-going implementation of the Business Plan.

(2)  That the Asset Managers be reminded of the importance of keeping AVDC and in particular the Council’s representatives on the Board, up to date with any and all factors that might have a significant impact on the operation of AVE.

(3)  That AVE be advised that AVDC would like to see a much more proactive approach to ensuring the growth of the property portfolio.

(b)          Reason(s) for Decision(s)

The AVE business plan provides for a review of performance to be reported to the Economy and Business Development Scrutiny Committee and ultimately, Cabinet.  Cabinet was anxious to ensure that every possible action was taken to ensure delivery of Business Plan targets.

(c)        Alternative Options Considered

None as such.

(d)       Relevant Scrutiny Committee

Economy and Business Development.  That Committee had already considered the report submitted to Cabinet and its comments were taken fully into account in assessing AVE's performance against the Business Plan.

(e)        Conflicts of Interest / Dispensation(s)

Councillor Mrs J Ward and the Assistant Director (Commercial Property and Regeneration) each declared prejudicial interests as Directors of AVE.  Having given technical advice and responded to factual questions, both left the meeting whilst this matter was discussed.