Meeting documents

Investments and Contracts Committee – the charity funds are now administered by the private registered charity, Y Gymdeithas, and the County Council is no longer the trustee
Monday, 25th July, 2005

SPECIAL MEETING OF THE INVESTMENT AND CONTRACTS COMMITTEE

 

Minutes of the meeting held on 25 July, 2005.  

 

PRESENT:

 

Mr. G.W. Roberts O.B.E. - Chairman

 

Messrs. E.G. Davies, Aled Morris Jones, H. Eifion Jones,

J. Arthur Jones, Bob Parry O.B.E., John Roberts,Elwyn Schofield.

 

 

 

IN ATTENDANCE:

 

Secretary,

Treasurer,

Senior Valuation Officer,

Committee Officer (MEH).

 

 

 

APOLOGIES:

 

Mr. G.O. Parry M.B.E. - Chairman of the Isle of Anglesey Charitable Trust

 

 

 

ALSO PRESENT:

 

Mr. Hefin W. Thomas - Vice-Chairman of the Isle of Anglesey Charitable Trust.

 

ITEM TAKEN IN PRIVATE

 

1

DECLARATION OF INTEREST

 

No declaration of interest were received by any Member or Officer in respect of any item on the Agenda.

 

2

LAND AT RHOSGOCH

 

Submitted - a progress report by the Senior Valuation Officer in relation to the disposal of the Rhosgoch site.

 

The Senior Valuation Officer reported that tender documentation was drafted for the advise of the District Valuer.  The District Valuer opinion is that it is only possible to obtain indicative bids at this stage, such is the number of unknown factors and costs involved with each interest shown.  The advice also suggests that the parties be invited for formal interview, in which they will be asked to put forward their minimum bid.  Parties will be invited to complete Interview Documentation prior to the interview and make a presentation.  It was noted that the District Valuer has advised that he be in attendance during the interviews.

 

It was further reported that interviews should take place in November, with a preferred bidder selected in one month from the date of the interviews.  It was noted that the Senior Valuation Officer will undertake to release the documents and identify suitable dates for the interviews.

 

Following discussions it was RESOLVED :-

 

2.1

to accept the report.

 

2.2

that arrangements be made by the Officers to forward interview documentation to the interested parties.

 

2.3

that suitable dates be arranged for the whole Investments and Contracts Committee to interview the interested parties.

 

G.W. ROBERTS O.B.E.

CHAIRMAN