Purpose

A report providing an update to the
Shareholder Committee on the performance of Cyber Quarter Ltd (the
Company).

Decision

That:
 
Recommendations were noted as per the
report

Alternative options considered

There is no other alternative to the
recommendation. The Council is the sole owner of the company and
needs to provide strategic direction and influence. In addition,
the Council needs to ensure that the company and its main asset
aligns with the corporate aims and plans for the Council.