Apologies for absence had been received from Councillor Martins.

There were no disclosures of interest.

The minutes of the meeting held on 29 June 2015 to be submitted and signed.

Copies of the minutes of this meeting are usually available seven working days following the meeting.

(All minutes are available on the Council’s website.)

The minutes of the meeting held on 29 June 2015 were submitted and signed.

The Chair to move: that, under Section 100A(4) of the Local Government Act 1972, the public and press be excluded from the meeting for the following item of business as it is likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the public were present during consideration of the item there would be disclosure to them of exempt information as defined in Section 100(1) of the Act for the reasons stated below in terms of Schedule 12A.

NOTE: if approved, the Chair will ask members of the press and public to leave the meeting at this point.

RESOLVED –

that, the public and press be excluded from the meeting for the following items of business as it was likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the public were present during consideration of the items there would be disclosure to them of exempt information as defined in Section 100(4) of the LGA Act 1972 for the reasons stated in the agenda.

The Board will receive a presentation to update them on key major projects as follows:

• Watford Business Park
• Property Investment Board progress
• Housing Delivery

Paragraph 3 Schedule 12A

(This item contains commercially sensitive information)

The Board received a series of presentations by the Managing Director, providing an update on:

·        Watford Business Park

·        Property Investment Board Progress

·        Housing Delivery.

Officers asked the Board for their views on the different issues and responded to Members' questions and comments.

Councillor Bell asked for a brief update regarding the development of Charter Place.  This was provided by the Managing Director.

RESOLVED –

that the presentations be noted.

ACTION: Managing Director (ML) to circulate to committee members, the potential/forecast numbers of jobs that will be generated by the sale/development of Zone A, Watford Business Park.