Audit, Standards and General Purposes Committee
Subject: Member Questions Date of meeting: 28 January 2025
The question will be answered without discussion. The person who asked the question may ask one relevant supplementary question, which shall be put and answered withoutdiscussion. The personto whom a question, or supplementary question, has been put may decline to answer it.
The following written questions have been receivedfrom Members This Committee:
(1) Councillor Sykes
The i360 ceased operating as a visitorattraction in December2024 when the company filed to enter administration. Financial details concerning options and liabilities are kept hidden from public and member scrutiny, ostensibly because they immediately concern a private company.
Does this committee consider that it needs better sight of options and potential future additional liabilities associated with the i360, exercising the Council’s rights as a creditor, as these options and liabilities are likely to impact on our council, and in terms of scale may exceed our external auditors’ reporting threshold concerning ‘triviliality’?