Content

The Cabinet considered
a report of the Director of Economy and Place, which sought to
inform of the performance of the Council’s property
investments, and to highlight any associated risks.
 
The Senior Accountant
(Commercial Investments Finance Lead) was in
attendance to present the information and to address the
questions and the comments of the Cabinet Members.
 
Resolved that the
report, including the assessment of risk with regard to the
property portfolio included at paragraph 10 / Appendix 2
be noted.
 
Reason for
decision:
The report
was provided for Members’
information. Awareness of the financial implications of the
Council’s property investments would be essential to enable
informed decision-making.
 
Alternatives
considered and rejected:
This report was for
information only and there were no alternatives to consider.