Issue - meetings

To consider the report on approved investment opportunities.

The Director – Finance and Corporate Services gave a summary of the report, which detailed proposals to withdraw from one investment opportunity as the vendor had been unable to supply certain required assurances. He also updated Members on progress made on a proposed acquisition.

Members gave their support to the proposal to withdraw from one investment.

Members discussed the proposed acquisition and highlighted that this proposal would need to be promoted to Members and the public.

AGREED to: 1. Withdraw from the investment opportunity.

                                             2. Note the position on the proposed acquisition.