Mr Cull called the extraordinary council meeting to consider the appointment of new directors for three council-controlled organisations - Delta, Aurora Energy and City Forests - and set the directors' fees for the next year.
Councillors met behind closed doors to hear from Warren Larsen, the author of the Larsen report, which recommended changes in the wake of last year's multimillion-dollar shortfall in DCHL dividends.
However, Mr Cull said following yesterday's meeting he could neither say what was debated, nor whether any decisions were made, until after candidates for the company boards were informed of the outcome.
He expected that to happen today, after which more information would be released.
Under the proposed changes, two directors from each company board would be replaced by two new recruits, bringing in fresh talent and new skills.
Yesterday's meeting moved back into public mode late in the day to consider a proposal for the new board of the council's holding company, Dunedin City Holdings Ltd, to completely replace the board of Dunedin City Treasury Ltd (DCTL).
DCTL was responsible for Waipori Fund investments and organising and obtaining borrowed funds for the council and its companies.
However, councillors, worried about a lack of information about the implications of the change, instead voted to leave any decision until the next full council meeting on October 29, after more detailed information could be considered.
