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.