Cabinet Members will be asked to make any declarations of interest in respect of items on this agenda.

There were no declarations of interest in accordance with the code of conduct from councillors in relation to items under consideration at this meeting.

To receive reports on business which, in the opinion of the Chair, should be brought forward for urgent consideration.

There were no items of Chair’s urgent business.

The Director for Corporate Support will submit a written report on proposed amendments to the current treasury management strategy.  

The Director for Corporate Support submitted a report setting out proposed amendments to the Council’s current treasury management strategy, incorporating an update on current economic influences on world banking institutions, together with the most recent advice from the Council’s independent treasury management advisors, Arlingclose. 

The report stated that a fully revised treasury management strategy, incorporating the proposed changes, would be submitted for approval by the Audit Committee in January 2012.  

Councillor Bowyer (Cabinet Member for Finance, Property and People) introduced the proposals and the Director for Corporate Support reported on the measures taken to reduce the financial risk.    

Agreed –

The Director for Corporate Support will submit a written report on proposals to relocate the History Centre to the Factory Cooperage building within the Royal William Yard, the University Technical College to Parkside Community College and to amend the Accommodation Strategy Phase 2.  

The Director for Corporate Support submitted a written report indicating that –

Councillor Jordan (Cabinet member for Community Services (Safer and Stronger Communities and Leisure, Culture and Sport) introduced the proposals. 

Agreed that subject to the amendment of the Accommodation Strategy Phase 2, approval is given to -

(See also minute 86a below)

Further to minute 86 above,

the City Council is Recommended to amend the second phase of the Accommodation Strategy to reflect the proposals in minute 86 (1) and (2) above. 

To consider passing a resolution under Section 100A(4) of the Local Government Act 1972 to exclude the press and public from the meeting for the following item of business on the grounds that it involves the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act, as amended by the Freedom of Information Act 2000.

Agreed that under Section 100(A)(4) of the Local Government Act, 1972, the press and public be excluded from the meeting for the following item of business on the grounds that it involves the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act, as amended by the Freedom of Information Act 2000.

The Director for Community Services will submit a written report on a proposal to sell Picklecombe Cottage.

Cabinet received the written report of the Director for Community Services on a proposal for the sale of Picklecombe Cottage at Mount Edgcumbe Country Park.

Councillor Jordan (Cabinet Member for Community Services (Safer and Stronger Communities and Leisure, Sport and Culture)) reported that the offer had been subsequently withdrawn and the Chair withdrew the item.