Agenda and decisions

Decision of the Executive Mayor - Monday 9 December 2013 4.30 pm

Venue: Hackney Town Hall - Town Hall

Contact: Jackie Barrett

Items
No.	Item
1.	LIQUIDATION OF THE LEARNING TRUST AND TRANSFER OF SURPLUS MONIES TO THE COUNCIL PDF 83 KB This report requests the Mayor to agree to proposed amendment to the Learning Trust’s (TLT) Articles of Association in order that the surplus monies remaining in the TLT’s accounts, before TLT is voluntarily liquidated, can be distributed to the Council to carry out its educational functions Additional documents: Appendix 1 - Amendment to TLT Articles to Gifty 19 November 2013 , item 1. PDF 62 KB Decision: RESOLVED to agree to the proposal from the Learning Trust’s Board to amend the Learning Trust’s Articles of Association, as proposed in their letter dated 19^th November 2013, attached as Appendix 1 to the report. This is to allow the surplus funds held in the Learning Trust’s accounts to be ultimately transferred to the London Borough of Hackney to discharge its statutory educational functions.