Prosperity Cabinet Member – Minutes – 4 March 2020
The corresponding reports of the following item (Minute 6 refers) contains exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972 (as amended).
6 PROPERTY PORTFOLIO FRAMEWORK – The Deputy Chief Executive and Director: Business Development submitted a joint report seeking approval of the Property Portfolio Framework.
The council was committed to the delivery of its organisational goals of Progressive, Enabled, Commercial and Sustainable. The development of the commercial property portfolio and the asset disposal programme played a significant part in achieving these goals.
The framework set out the council’s internal policies and procedures relating to disposals and acquisitions of land and property. It ensured that the council operated in full accordance with statutory requirements.
Resolved – That the Property Portfolio Framework be approved.