Barnham Broom Golf & Country Club Investment Asset
PDF 104 KBDecision Maker: Cabinet
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To consider the draft revenue and capital
budgets, the draft medium term financial plan and the draft capital
strategy.
Decision:
RESOLVED that Option 3 of the report be approved subject to the satisfactory completion of the necessary due diligence which shall be delegated to the Executive Director of Place in consultation with the Executive Member for Contracts & Assets. However, if there is no material progress to the completion of Option 3 within an appropriate timescale, authority is delegated to the Executive Director of Place in consultation with the Executive Member for Contracts & Assets to undertake Option 2.
Reasons for the decision:
As the most suitable option for the Council’s investment portfolio and for the reasons set out in the exempt report.
Alternative options considered:
As set out in the exempt report, including the option to do nothing.
Report author: Ralph Burton
Publication date: 05/01/2021
Date of decision: 04/01/2021
Decided at meeting: 04/01/2021 - Cabinet
Effective from: 13/01/2021
This decision has been called in by:
- Teresa Smith who writes Call-in Received on 5/1/21 from Councillors Atterwill, Birt, and Jermy."