Scottish Borders Council

Agenda and draft minutes

Venue: Remotely via Microsoft Teams

Contact: Louise McGeoch Tel: 01835 825005  Email:  lmcgeoch@scotborders.gov.uk

Link: link to live meeting

Items
No. Item

1.

Minute pdf icon PDF 106 KB

Note Minute of meeting held on 1 July 2020 for signature by the Chairman.  (Copy attached.)

Minutes:

The Minute of the Meeting of Peebles Common Good Fund Sub-Committee held on 1 July 2020 had been circulated.

 

DECISION

AGREED to approve the Minute for signature by the Chairman.

 

2.

Financial Monitoring to 30 June 2020 pdf icon PDF 165 KB

Consider report by Executive Director, Finance & Regulatory.  (Copy attached.)

Minutes:

There had been circulated copies of a report by the Executive Director, Finance & Regulatory providing details of the income and expenditure for the Peebles Common Good Fund for the three months to 30 June 2020, a full year projected out-turn for 2020/21, and projected balance sheet values as at 31 March 2021.  Appendix 1 provided the projected income and expenditure position for 2020/21 and showed a projected surplus of £18,042 for the year.  Appendix 2 provided a projected balance sheet value as at 31 March 2021 and showed a projected decrease in the reserves of £64,918.  Appendix 3 provided a breakdown of the property portfolio showing projected rental income for 2020/21 and actual property expenditure to 30 June 2020.  Appendix 4 showed the value of the Aegon Asset Management (formerly Kames Capital) Investment Fund to 30 June 2020.  The Treasury Business Partner highlighted the main points in the report and answered Members questions and agreed to check the position with regard to the costs of cleaning Haylodge Toilets which had not opened over the summer.  Councillor Bell queried why a number of properties showed no rental income and the Estates Surveyor undertook to check the position.

 

DECISION

NOTED the:-

 

(a)       projected income and expenditure for 2020/21 in Appendix 1 to the report;

(b)       projected balance sheet value as at 31 March 2021 in Appendix 2 to the report;

(c)       summary of the property portfolio in Appendix 3 to the report; and

(d)       current position of the Aegon Asset Management Investment Fund in Appendix 4 to the report.

 

3.

Property - Former Corn Exchange

Consider property update by Estates Surveyor.

Minutes:

The Estates Surveyor advised that the Shop located in the former Corn Exchange was now vacant since Changeworks had left.  There had been 3 expressions of interest in the lease and she proposed that the lease should be advertised so that formal bids could be submitted. 

 

DECISION

AGREED that the Estates Survey take the necessary steps to lease the shop at the Former Corn Exchange.

 

4.

Private Business

Minutes:

DECISION

AGREED under Section 50A(4) of the Local Government (Scotland) Act 1973 to exclude the public from the meeting during consideration of the business detailed in the Appendix to this Minute on the grounds that it involved the likely disclosure of exempt information as defined in Paragraph 6 of Part I of Schedule 7A to the Act.

 

SUMMARY OF PRIVATE BUSINESS

 

5.

Jedderfield Farm

Consider report by Service Director Assets & Infrastructure.  (Copy attached.)

Minutes:

The Sub-Committee received a presentation from Tweedgreen and then considered a report by the Service Director Assets and Infrastructure and agreed a series of actions.

6.

Minute

Note the private section of the Minute of the meeting held on 1 July 2020.  (Copy attached.)

Minutes:

Approved the private section of the Minute of the meeting held on 1 July 2020.

 

7.

Property Matter

Update by Estates Surveyor.

Minutes:

Members approved a request from the Scottish Wildlife Trust to access Common Good land.

 

8.

Date of Next Meeting

Minutes:

Noted that the next meeting of the Sub-Committee would be held on 18 November 2020.

 

 

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