<p>Minutes of ‘Shadow’ Trent Valley IDB Committee meeting – 17/06/11</p><p>Present: Russell Price (Chairman) Will Staunton Robert Warburton David Loates Sylvia Michael Stephen Richardson Keith Marshall Peter Smith Tim Farr</p><p>RP set out the aims of the meeting, to agree a management structure for the new board and then how this should be implemented. Speed was needed due to Newark finding itself without a Clerk and Engineer and also to remove the uncertainty for the current staff. RP’s briefing paper on different management options was taken as read.</p><p>SR said he was clear that the hybrid option set out was the best.</p><p>TF agreed but wondered whether a part time CEO would provide enough leadership but liked the aspect of keeping rating and administration in house.</p><p>RW commented that the new TVIDB’s administration costs needed to be close to that of Laneham at around 11% of income</p><p>KM said he was in favour of the hybrid option as the use of a consultant gives access to a wider skill base</p><p>RP stated that the members from Newark on the new board would not agree to a consultant totally running the TVIDB.</p><p>DL stated that the key to success was getting the ‘right’ person as CEO.</p><p>SR felt the hybrid option was a good interim measure for one year but things might need to be re-evaluated as the board might need more leadership from a CEO than two days a week. WS agreed.</p><p>TF stated the process for employing a consultant as part time CEO needs to be competitive and transparent.</p><p>RP said that as well as JBA consulting he has spoken to Lindsey Marsh IDB who run a consortium and could help. We could join the consortium and buy in their services on a rechargeable basis. They are a like minded organization who would charge on a time used basis, and are a not for profit organisation.</p><p>It was proposed that the committee should recommend the hybrid option to the ‘shadow’ TVIDB and that the committee should have a presentation/interview with JBA and Lindsey Marsh to see who would fulfil the CEO and other out sourced tasks within the hybrid option. This was agreed by all at the meeting.</p><p>A date for these presentations is provisionally Friday 1st July in the morning. </p>