Decision details

RESOLVED that:-

(a)          the Capital Investment Strategy (Non-Treasury) 2020-2025 attached to the Report at Appendix A be approved; and

(b)          Cabinet delegate authority to the Corporate Property Officer to make minor amendments to the Capital Investment Strategy (Non-Treasury) 2020-2025 in consultation with the Cabinet Members for Regeneration & Culture, and Finance.

Voting: Unanimous

Portfolio Holder(s): Finance

                               Regeneration and Culture

Reasons

The purchase of investment assets assists with the management of sound finances and increases the Council asset base, providing a legacy for future generations.

It is appropriate that this Strategy is refreshed to ensure it aligns with the new BCP Council Corporate Strategy and reflects the current investment ambitions of the organisation.