Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
To seek approval for an updated investment
strategy previously approved by the Shadow Executive.
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.
Report author: Sarah Longthorpe
Publication date: 20/03/2020
Date of decision: 18/03/2020
Decided at meeting: 18/03/2020 - Cabinet
Effective from: 28/03/2020
Accompanying Documents: