Decision Maker: Cabinet
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: No
To approve the strategy for property investment.
RESOLVED: That
(1) an addition to the Capital Programme of £20m in order to proceed with the acquisition of the investment property portfolio be approved;
(2) the treasury management Counterparty Policy be amended in respect of investment in a property portfolio from an upper limit of £10m to £20m.
Publication date: 02/07/2016
Date of decision: 25/02/2016
Decided at meeting: 25/02/2016 - Council
Accompanying Documents: