MAIDSTONE BOROUGH COUNCIL
PROPERTY INVESTMENT CABINET COMMITTEE
Minutes of the meeting held
on
Tuesday 16 December 2014
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Present: |
Councillor McLoughlin (Chairman) and Councillors Mrs Blackmore and Greer |
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1. Apologies for Absence
There were no apologies for absence.
2. Notification of Substitute Members
There were no Substitute Members.
3. Notification of Visiting Members
There were no Visiting Members.
4. Election of Chairman
RESOLVED: That Councillor McLoughlin be
elected Chairman for the remainder of the Municipal Year 2014/15.
5. Election of Vice Chairman
RESOLVED: That Councillor Greer be elected Vice Chairman for the remainder of the Municipal Year 2014/15.
6. Disclosures by Members and Officers
There were no disclosures by Members or Officers.
7. Disclosures of Lobbying
There were no disclosures of lobbying.
8. Exempt Items
RESOLVED: That the Items on Part II of the Agenda be taken in private as proposed.
9. Minutes of the Meeting held on 14 May 2014
RESOLVED: That the Minutes of the Meeting held on 14 May 2014 be approved as a correct record and signed.
10. EXCLUSION OF THE PUBLIC FROM THE MEETING
RESOLVED: That the public be excluded from the
meeting for the following item of business because of the likely disclosure of
exempt information for the reasons specified, having applied the Public
Interest Test:-
Head of Schedule
12A and
Brief Description
Report of the Head of Finance & 3 – Financial/Business
Resources – Property Investment Affairs
11. Report of the Head of Finance & Resources - Property Investment
The Property Investment Cabinet Committee considered the
report of the Head of Finance and Resources in respect of the proposed purchase
of the leasehold interest of 11 units on a local Industrial Estate.
Members were informed that the Property Investment Advisory Panel fully
supported the proposals and recommended approval.
EXEMPT DECISION MADE: That the recommendations be agreed.
12. Duration of Meeting
11.00 am. To 11.30 a.m.