Decision details

(Cabinet Member with Special Responsibility Councillor Whitehead)

Cabinet received a report from the Director for Economic Growth and Regeneration to consider a property investment acquisition in line with the property investment strategy approved at Council.  The report was exempt from publication by virtue of paragraph 3 of Schedule 12A of the Local Government Act 1972.

The options, options analysis, including risk assessment and officer preferred option, were set out in the exempt report:

Councillor Whitehead proposed, seconded by Councillor Hanson:-

“That the recommendation, as set out in the exempt report, be approved.”

Councillors then voted:-

Resolved unanimously:

(1)          The resolution is set out in a minute exempt from publication by virtue of paragraph 3 of Schedule 12A of the Local Government Act 1972.

Officers responsible for effecting the decision:

Director for Economic Growth & Regeneration

Director of Corporate Services

Reasons for making the decision:

The decision is consistent with the Council’s priorities.  Exactly how the decision fits with those priorities is set out in the exempt minute.