Issue - meetings
Treasury Management Outturn - 2017/18
Meeting: 12/07/2018 - Cabinet (Item 5)
5 Treasury Management Outturn - 2017/18 
PDF 73 KB
To consider the Treasury Management Outturn report for 2017/18.
Additional documents:
- Treasury Management Appendix A, item 5
PDF 144 KB
- Prudential Indicators Appendix B, item 5
PDF 57 KB
- Investments & Borrowing Appendix C, item 5
PDF 72 KB
Decision:
RESOLVED to approve the 2017/18 Treasury Management Outturn (Appendix A to the report) and associated prudential indicators (Appendix B to the report).
Minutes:
Councillor Howell presented the annual statement of the key treasury management activity and outcomes. He highlighted the details of the loan to Aspire (CRP) Ltd to purchase the 50% share in Chesterford Research Park, including the terms of the loan and rate of interest, as well as the loan agreement the Council had entered in to with Phoenix Life Ltd. He said paragraph 19 should read as follows, ‘The loan structure was the first 10 years at a variable rate and the further 25 years on fixed rates.’
RESOLVED to approve the 2017/18 Treasury Management Outturn and associated prudential indicators as set out in the appendices to the report.