Decision details

The Chair introduced the item to the meeting and noted that the Chair of Council had agreed to exempt this item from call-in, which officers confirmed was due to the strict timeline of appointing Directors and changing Articles of Association with Companies House.

The Deputy Chair proposed that the name of the company should remain a reserved matter, and Cllr Fawcett seconded the proposal. The Shareholders Committee agreed to the proposal.  

The Head of Legal Services and Deputy Monitoring Officer, Paul Grant, confirmed that this was possible and recommended the following wording to be added into the list of reserved matters in Part 7 (Membership): 21 – Reserved Matters:

‘Changing the name of the company to any name considered to be advantageous, expedient or otherwise desirable’.

Paul Gant confirmed that two Directors were proposed to be appointed: Cllr Dan Levy and Kate Reynolds, an officer of the Council.

Cllr Levy declared an interest in respect of the item being discussed and left the meeting at this point.

Cllr Sudbury proposed that Cllr Dan Levy and Kate Reynolds be appointed as Directors, and Cllr Howson seconded the proposal. The Shareholders Committee agreed to the proposal.

The Chair thanked the Directors who have served OxLEP over many years, and thanked officers of OXLEP for their work.

Cllr Leffman proposed, and Cllr Roberts seconded the amended recommendations. The Shareholders Committee agreed to the amended recommendations.

RESOLVED to:

b) Approve and sign the attached written resolutions attached at Annex A dealing with amendments to the Articles of Association and resignation and appointments of Directors.  

c) Having acknowledged and received the resignations of the current Directors to formally thank them for their service.

Subject to:  

i)               the following amendment in the Articles of Association:

Part 7: Membership

21 – Reserved Matters

Add: Changing the name of the company to any name considered to be advantageous, expedient or otherwise desirable

ii)             the following amendments in the resolutions:

Add the following names as Directors:

- Cllr Dan Levy

- Kate Reynolds

Remove the following name from the list of Directors resigning at the meeting (to be dealt with outside of the meeting):

- David Rouane