Issue - decisions

Advice of the Advisory Panel

That the Executive Member be advised:

(i)                 That the report be noted and Option A in paragraph 8 be approved;

(ii)               That Option B, the wider property review looking at alternative investment strategies be deferred until the July EMAP meeting for clarification on how the review should proceed.

Decision of the Executive Member

RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.

REASON:So that the council’s Commercial Property Portfolio may be modernised, made more efficient and may be aligned more closely to Corporate Objectives and service property needs for the future in response to the budget approved by Council.