Cabinet agreed to:

1.    Approve North Somerset Council joining Delt as a new shareholder.

2.    Delegate authority to the nominated shareholder representative - Service Director for Finance – to agree changes to the reserved matters governing the company required to recognise the arrival of a new shareholder.

Councillor Dann (Cabinet Member for Customer Services, Sport, Leisure and HR and OD) introduced the report and highlighted the following points:

a)    North Somerset Council had requested to joint DELT Shared Services as a fellow shareholder.

Councillor Lowry (Cabinet Member for Finance) added:

b)    DELT Shared Services was set up as a key division in the Southwest to provide employment and opportunity.
 

Cabinet agreed to:

1.    Approve North Somerset Council joining Delt as a new shareholder.

2.    Delegate authority to the nominated shareholder representative - Service Director for Finance – to agree changes to the reserved matters governing the company required to recognise the arrival of a new shareholder.