Purpose

To seek approval for Director appointment for
Greensand Holdings Limited.

Decision

Shareholder Actions:
Greensands Holding Limited
RESOLVED that
1)         the
content of the ‘Special Resolution’ providing
instruction to the Directors of Greensand Holdings Limited to
dispose of the compa-ny’s assets at Annex 1 (in part 2) of
the report be approved.
2)        
authority be delegated to the Leader (as shareholder) and the Chief
Finance Officer and Monitoring Officer to review and assess sales
of asset proposals put forward on behalf of Greensand Holdings Ltd,
within thresholds as set out in the part 2 report.
3)         the
external report provided by CIPFA at Annex 2 (in part 2) of the
report be noted.
4)         the
finance implications at Annex 3 (in part 2) of the report be
noted.