This report recommends that the Finance and Performance Committee approve the statements of intent for council’s substantive CCOs –Auckland Transport, Watercare Services Limited, Auckland Tourism, Events and Economic Development Limited, Regional Facilities Auckland and Panuku Development Auckland Limited for 2019-2022.
The statement of intent sets out the objectives and activities of each CCO for the next three years. Following the council’s letters of expectations in December 2018 and shareholder comments on the draft statements of intent in April 2019, the CCOs submitted their final statements of intent for 2019-2022 in June 2019. Staff have determined that the final statements of intent address the matters raised in the council’s shareholder feedback on the draft statements and recommend that they are approved.
The council has also received statements of intent from two legacy CCOs. Staff recommend that the statements of intent for the Community Education Trust Auckland and the Contemporary Art Foundation are approved and that the Manager of CCO Governance and External Partnerships is delegated the authority to approve the final statement of intent for the Mangere Mountain Education Trust 2019-2022.
Source: Insights Report on Auckland Council.