Issue - meetings

Investment Proposals

Meeting: 14/01/2020 - Cabinet (Item 58)

Investment Proposals

(Cabinet Member with Special Responsibility Councillor Whitehead)

 

Report of Director for Economic Growth and Regeneration

Additional documents:

Minutes:

(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.  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 Jackson left the meeting during consideration of the item and was not present at the time of the vote.

 

It was proposed by Councillor Whitehead, seconded by Councillor Hanson and resolved unanimously by those present:-

 

Resolved unanimously:

 

(1)          The resolution is set out in an 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 and 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.