MAIDSTONE BOROUGH COUNCIL
PROPERTY INVESTMENT CABINET COMMITTEE
Minutes of the meeting held on Wednesday 14 May 2014
|
Present: |
Councillors Garland, Mrs Ring and J.A. Wilson |
|
|
|
|
|
24. Apologies for Absence
Apologies for absence were received from Councillors Greer and Moss.
25. Notification of Substitute Members
It was noted that Councillor J A Wilson was substituting for Councillor Greer and Councillor Mrs Ring was substituting for Councillor Moss.
26. Notification of Visiting Members
There were no Visiting Members.
27. Disclosures by Members and Officers
There were no disclosures by Members or Officers.
28. Disclosures of Lobbying
There were no disclosures of lobbying.
29. Exempt Items
RESOLVED: That the Items on Part II of the Agenda be taken in private as proposed.
30. Minutes of the Meeting held on 20 November 2013
RESOLVED: That the Minutes of the Meeting held on 20 November 2013 be approved as a correct record and signed.
31. KEY DECISION
32. 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
and Resources – Property Investment Affairs
33. Report of the Head of Finance and 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 freehold interest in 10 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.
34. Duration of Meeting
5.45 p.m. to 6.00 p.m.