Agenda and draft minutes

Investment Committee - Wednesday, 6th March, 2019 1.30 pm

Venue: Conference Room - Usk, NP15 1AD. View directions

No. Item


Declarations of Interest


There were no declarations of interest.


Confirmation of Minutes pdf icon PDF 52 KB


The minutes of the meeting held on 21st February 2019 were confirmed as an accurate record.


Exclusion of the Press and Public pdf icon PDF 48 KB


We resolved to exclude the press and public from the meeting during consideration of the following item of business in accordance with section 100A of the Local Government Act, as amended, on the grounds that it involved the likely disclosure of exempt information as defined in Paragraph 12 of part 4 of Schedule 12A to the Act.


Investment Acquisition No.2


The Committee rexceived a report for members to acknowledge the exacting requirements of the Asset Investment policy and to reaffirm its position regarding the acquisition 2, and to make onward recommendation to Cabinet to make the decision to proceed with the acquisition.


Councillors commended the efforts and work of the team of officers involved in the process.


The Committee resolved to accept the recommendations set out in the report.