Issue - decisions

RESOLVED: (i)         That the 2008/09 performance of the Treasury Management activity, movements on the Venture Fund and the Treasury Management out-turn be noted.

                        (ii)        That the addition of Nationalised Banks to the Investment Credit Criteria Policy, as set out at paragraphs 30 top 38 of the report, be approved.

                        (iii)       That the movements in the Prudential Indicators be noted.

                        (iv)       That the Council’s proactive and prudent management of the Treasury Management portfolio in the light of the Icelandic banking crisis be noted.

REASON:      For information, and to ensure an adequate number of authorised counterparties with whom the Council can invest.