Issue - meetings

Investment Opportunity 1

Meeting: 23/10/2019 - Investment Board (Item 12)

Investment Opportunity 1

To consider an Investment Opportunity (1).

Minutes:

The Director – Finance and Corporate Services gave a summary of the report. He said he would be in touch with the company by Friday 1 November with a proposal. The offer was currently off-book, so had not been offered to anyone else.

 

In response to a Member question, the Director – Finance and Corporate Services said the Council was being offered the opportunity because it would be a long term investor and add value to the business.

 

The Committee noted the opportunity.