Agenda and minutes

We elected County Councillor D. Jones as Chair.

We appointed Councillor D. Havard as Vice-Chair.

None received.

The minutes of the Monmouthshire Farm School Endowment Trust dated 27^th January 2020 were confirmed and signed by the Chair.

The Finance Manager presented the annual report for the year ended 31st March 2020.

In doing so, the Finance Manager would contact the Treasurer regarding how long the Roger Edwards Trust would continue to pay into the Monmouthshire Farm School Endowment Trust.

We accepted the annual report for the year ended 31st March 2020.

We received the Investment & Risk Strategy for the Monmouthshire Farm School Endowment Trust 2020/21.

We noted the report.

We resolved that the Monmouthshire Farm School Endowment Trust Grant Budget for 2020/21 be £30,000.

We resolved to exclude the press and public from the meeting during consideration of the following items of business in accordance with Section 100A of the Local Government Act 1972, as amended, on the grounds that they involved the likely disclosure of exempt information as defined in Paragraphs 12 and 14 of Part 4 of Schedule 12A to the Act.

We considered four applications received against the trust fund, presented on behalf of the Chief Officer for Children and Young People.

The Trust resolved:

(i)            that awards be made to the four applicants, as agreed, subject to appropriate receipts and evidence of attendance being received;

(ii)           that an item be added to the agenda for the next meeting of the Monmouthshire Farm School Endowment Trust to discuss funding apprenticeships in land based vocations.

We considered nine applications received against the Trust fund, presented on behalf of the Chief Officer for Children and Young People.

The Trust resolved:

(i)            that awards be made to the nine applicants, as agreed, subject to appropriate receipts and evidence of attendance being received;

(ii)          that one of the applicants provides details to officers regarding their Higher Education loan.

The total amount of funding awarded to students at the meeting equated to £7696.62.

Monday 1st February 2021 at 11.00am.