<p> Approved minutes</p><p>THE CORNWALL COLLEGE GROUP Minutes of the Special Board meeting held in the Boardroom, CC St Austell on 6 July 2016 at 3.00 pm</p><p>Present Philip Rees PR Chair Jeff Beer JB Malcolm Bell MB By phone Karen Burrows KB Peter Child PC Peter Hardaker PH David Parker DP David Sharples DS By phone Thelma Sorensen TS By phone Colin Stratton CS By phone Alan Tuckett AT Ian Tunbridge IT Peter Walker PW Tony Woolman TW</p><p>Apologies Amarjit Basi AB Sharon Dudden SD Leon Holland LH</p><p>In Attendance Alison Phillips AMP Corporation Secretary By phone Andrew Counsell ASC Group Director Curriculum Innovation Sally Foard SF Group Director Development</p><p>1. WELCOME The Chair welcomed everyone to the meeting and apologies were received.</p><p>2. RESPONSE AND REACTION TO ANNOUNCEMENT OF PRINCIPAL’S RESIGNATION The Chair reported that the Principal had resigned with effect from 31st July 2016 and was currently taking leave. There had been an announcement and very little subsequent interest.</p><p>The Board noted the position. </p><p>3. FINANCE UPDATE</p><p>3.1 Management accounts updated - confidential This was dealt with as a confidential matter, in accordance with the Corporation’s policy on confidentiality, and recorded in the confidential minutes.</p><p>The Board agreed to consider agenda item 3.3 Updated Recovery Plan before agenda item 3.2 Cashflow and Long Term Borrowings</p><p>3.2 Updated Recovery Plan This was dealt with as a confidential matter, in accordance with the Corporation’s policy on confidentiality, and recorded in the confidential minutes.</p><p>3.3 Cashflow and Long Term Borrowings – Confidential This was dealt with as a confidential matter, in accordance with the Corporation’s policy</p><p>1 on confidentiality, and recorded in the confidential minutes.</p><p>4. DATE OF NEXT SCHEDULED MEETING</p><p>Before closing the meeting the Chair invited Governors’ final comments. Responding Tony Woolman shared his concerns regarding the current situation and specifically further job cuts. He believed that staff morale was low as a result of the uncertainty and lack of job security and urged management to engage with staff and the Board to give them some reassurance. The Chair thanked TW for his comments and confirmed that Governors recognised that the situation was extremely difficult for some staff. The Board was however taking decisive action and management and Governors would be out and about with staff. Recognising that the end of the academic year was approaching it PR/amp was agreed that an appropriate message would be sent to staff.</p><p>The next scheduled Board meeting would be held at Duchy College Stoke Climsland on Wednesday 13 July at 4.00pm. The meeting would be preceded by a tour of the campus and short presentation from Andrew Counsell at 3.00 pm. </p>