Issue - meetings

            Resolved

            That Council be recommended:

            That the following be approved:

(i)     The Business Case for the provision of an Internal Audit Service from the 1 April 2012;

(ii)    Delegated authority to the Council Solicitor to conclude the legal contract for the Council to be stakeholders in Veritau (North Yorkshire) Ltd a subsidiary of Veritau Ltd.  The subsidiary company will be a regulated company under the terms of the Local Authorities (Companies) Order 1995;

(iii)   Noting that the Corporate Director (s151) will agree a service level agreement with Veritau (North Yorkshire) Ltd for the provision of Internal Audit Services for the financial year commencing April 2012; and

(iv)   Appointment of the Council’s Corporate Director (s151) as the Council’s Director to the Board of Veritau (North Yorkshire) Ltd.

The Corporate Director (s151) submitted a report (previously circulated) which informed Members of developments regarding the future provision of the Internal Audit service and to sought approval of the business case proposing a merger of the North Yorkshire Audit Partnership (NYAP) with Veritau (a company set up by North Yorkshire County Council and the City of York to provide their Internal Audit service), through the establishment of a new company.

Accordingly the proposal involves the Council agreeing to:

(i)            Become a founder member of the new company;

(ii)          Become a company member of the company;

(iii)         Appoint an officer as its Director of the company;

(iv)         Authorise the officer to exercise the Council’s powers as a company member at general meetings of the company.

In relation to paragraph 9.1 of the report, it was confirmed that the current support services charges to the NYAP were £6,000.

Councillor Knaggs moved and Councillor Legard seconded the officer recommendations in the report.  On being put to the vote, this motion was carried.

            Resolved

            That Council be recommended:

            That the following be approved:

(i)     The Business Case for the provision of an Internal Audit Service from the 1 April 2012;

(ii)    Delegated authority to the Council Solicitor to conclude the legal contract for the Council to be stakeholders in Veritau (North Yorkshire) Ltd a subsidiary of Veritau Ltd.  The subsidiary company will be a regulated company under the terms of the Local Authorities (Companies) Order 1995;

(iii)   Noting that the Corporate Director (s151) will agree a service level agreement with Veritau (North Yorkshire) Ltd for the provision of Internal Audit Services for the financial year commencing April 2012; and

(iv)   Appointment of the Council’s Corporate Director (s151) as the Council’s Director to the Board of Veritau (North Yorkshire) Ltd.