Issue - meetings

Members to consider the report of the Head of Finance, Procurement and Commercial Services.

Consideration was given to the report of the Head of Finance, Procurement & Commercial Services, as contained on pages 9 –28 of the Book of Reports which set out details of proposed changes to the Commercial Property Strategy.

The Investments Project Advisor presented the report.

A motion to remove at point 2.2 of Appendix 1, the wording in brackets "and it's immediate environs if this has beneficial outcomes for the district", was moved and seconded.

A vote was taken, the Motion was CARRIED.

A further Motion to include an additional bullet point at 2.4 of Appendix 1, to read "Under exceptional circumstances investments outside the borough will be considered if there are demonstratable benefits for the borough, decision to be taken at a meeting of full Council".

A vote was taken, the further Motion was CARRIED.

RESOLVED:     That the Commercial Property Strategy at appendix 1, be endorsed and the following proposed changes, be recommended to the Council meeting on the 15^th December 2021:

A.   That at point 2.2 of Appendix 1, the following wording in brackets be removed "and it's immediate environs if this has beneficial outcomes for the district".

B.   That an additional bullet point at 2.4 of Appendix 1, be included to read "Under exceptional circumstances investments outside the borough will be considered if there are demonstratable benefits for the borough, decision to be taken at a meeting of full Council".