Issue - meetings

To receive the UDC Property Portfolio Q1 Report.

In light of the Q2 2021/22 report also being on the agenda, the Director – Finance and Corporate Services gave a brief summary of the Property Portfolio Q1 2021/22 report that set out the quarterly performance for the Council.

He said that the Nucleus negative sum was based on an assumption that the building would operate at a loss for the next eight years.