RYDE TOWN COUNCIL
10 Lind Street, Ryde, Isle of Wight, PO33 2NQ
Tel: 01983 811105
Email: clerk@rydetowncouncil.gov.uk
Members are summoned to attend a FINANCE AND COMMUNITY RESOURCES
COMMITTEE MEETING to be held on TUESDAY, 18 MAY 2021 to be held at
GARFIELD ROAD METHODIST CHURCH commencing at 7pm for the purpose of transacting the
business as set out within the agenda below.
COVID 19. Owing to the Governments restrictions around the Coronavirus pandemic, this meeting
will be limited to a total of 30 attendees. This includes councillors, officers and members of the
public and press. The balance of the 30 after taking into account members and officers will be for
the public and press and those wishing to attend will be admitted on a first come first served basis
only. The wearing of face coverings must be adhered to (unless medically exempt) and social
distancing will be observed.
AGENDA
Public Question Time
Prior to the Council meeting commencing there will be a public forum of up to 15 minutes, if
necessary, when there will be an opportunity for members of the public to ask questions of the
Committee.
1. APOLOGIES
To receive any apologies of absence
2. ELECTION OF VICE CHAIR
To elect a Vice Chair of the Finance and Community Resources Committee
3. DECLARATION OF MEMBERS’ INTERESTS
To receive any declarations of pecuniary or non-pecuniary interests relating to items
on the agenda
4. REQUESTS FOR DISPENSATIONS
To receive and consider granting any written requests from Members for
dispensations in respect of disclosable pecuniary interests.
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5.
MINUTES
To take as read and confirm as accurate the attached minutes of the meeting held
on 9 March 2021 (PAPER A )
6.
TERMS OF REFERENCE
To note the committees terms of reference (PAPER B )
7.
MEMBERS QUESTIONS
To receive questions from members of the Finance Committee.
8.
2021/2022 BUDGET AND RESERVES
To note the Town Council’s Budget and Reserves for the year 2021/22 (PAPER C )
9.
BANK RECONCILLIATION
To receive the bank reconciliation for the period 1st April 2020 to 31 March 2021
(PAPER D -To Follow).
10.
OPENING OF BANK ACCOUNTS
To note the opening of a bank account for the Mayors Charity and a bank account for
Network Ryde.
11.
AWARD OF PUBLIC WORKING LOAN BOARD (PWLB) LOAN FOR ST THOMAS
CHURCH
To note the award of the loan and the repayment schedule
12.
MEDIUM AND LONG-TERM FINANCIAL STRATEGY - WORKING PARTY
To appoint a working party and approve its Terms of Reference (PAPER E - To
Follow)
13.
REPORT OF THE RESPONSIBLE FINANCE OFFICER (RFO)
To receive a verbal report from the RFO
14.
DATE OF NEXT MEETING
Tuesday, 13 July 2021 at the Methodist Church, Garfield Road, Ryde at 7pm
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Signed: Gareth Hughes Gareth Hughes (Responsible Finance Officer)
Date: 12 May 2021
Should you require a copy of the agenda in a large print format please contact
the Town Council. Copies of all documentation associated with this agenda will
be made available on the Town Council’s website and a number of paper copy
agendas will be provided for the public at the meeting. A hearing loop is available
at this venue.
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