Annual Investment Strategy 2024/25
To note the content of the Asset Investment Strategy which sets out the priorities and key focuses for proactive management of the Council’s Investment and Regeneration Portfolio during 2024/25.
This report contains exempt information within the meaning of Part 1 of Schedule 12A to the Local Government Act 1972, as amended by the Local Government (Access to Information) Act 1985 and by the Local Government (Access to information) (Variation) Order 2006 Paragraph 3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information) and in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information because, disclosure to the public would prejudice the financial position of the authority in any lease, contract or other type of negotiation with the tenant or developer, who could then know the position of the Council.
Additional documents:
Minutes:
The Committee received the Asset Investment Strategy which set out the priorities and key focuses for proactive management of the Council’s Investment and Regeneration Portfolio during 2024/25. The Asset Management Consultant presented the strategy which included the business plans for each asset and focused on the approaches taken for each asset to meet strategic objectives.
The Committee requested further commentary on specific tenants and plans for sites which was provided.
The Committee resolved to note the content of the Asset Investment Strategy which sets out the priorities and key focuses for proactive management of the Council’s Investment and Regeneration Portfolio during 2024/25.
Annual Investment Strategy for 2024/25
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This report contains exempt information within the meaning of Part 1 of Schedule 12A to the Local Government Act 1972, as amended by the Local Government (Access to Information) Act 1985 and by the Local Government (Access to information) (Variation) Order 2006 Paragraph 3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information) and in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information because, disclosure to the public would prejudice the financial position of the authority in any lease, contract or other type of negotiation with the tenant or developer, who could then know the position of the Council. |
Additional documents:
Minutes:
The Sub-Committee received a report on the Asset Investment Strategy for 2024/2025. The Asset Management Consultant identified that this document formed part of the wider Asset Management Plan suite of documents and highlighted that the report set out key lease events, expenditure and risks for the next 12 months. The Sub-Committee expressed their thanks to the Assets Team and praised the quality of the report.
The Sub-Committee resolved to note the Asset content of the Asset Investment strategy which sets out the priorities and key focuses for proactive management of the Council’s Investment and Regeneration Portfolio during 2024/25.
Annual Investment Strategy for 2024/25
Minutes:
This item was deferred to the April Sub-Committee meeting.