Agenda and minutes
Venue: Conference Room, Parkside, Chart Way, Horsham
Contact: Email: CommitteeServices@horsham.gov.uk Direct Line: 01403 215465
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Declarations of Members' Interests To receive any declarations of interest from Members Minutes: There were no declarations of interest. |
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Announcements To receive any announcements from the Chairman of the Council, the Leader, Members of the Cabinet or the Chief Executive Minutes: The Chairman:
· Welcomed Ann-Maria Brown, Interim Monitoring Officer to her first meeting of the Council · Advised Members that he had sent congratulations to Mr David Sayers of Henfield who had been recognised in the Queen’s Birthday Honours List and made a Medallist of the Order of the British Empire for services to the community in Henfield.
The Cabinet Member for Community and Wellbeing reported that Horsham had gained dementia-friendly community status. |
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Exclusion of the Press and Public Minutes: RESOLVED
That, under Section 100A 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 I of Schedule 12A of the Local Government Act 1972 (information relating to the financial and business affairs of any particular person (including the Authority holding that information)), and in all the circumstances of the case the public interest in maintaining the exemption outweighs the public interest in disclosing the information.
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Cabinet recommendations PDF 53 KB To receive the recommendation of the meeting of Cabinet held on 29th June 2017 in respect of the approval of a capital budget for the acquisition of a commercial property
Note: It is likely that the debate on this recommendation will be held in exempt session Minutes: The Leader reported that Cabinet, at its meeting on 29th June 2017, had approved the proposed acquisition of a commercial property in Horsham town centre for investment purposes subject to Council’s approval of the required capital budget in the current year.
The Leader detailed the rationale for acquiring the property and outlined the expected impact of the proposed purchase on the Medium Term Financial Strategy.
It was moved and seconded that the required supplementary capital budget should be approved.
RESOLVED
That a supplementary capital budget of £15,000,000 be approved to enable the purchase to proceed.
REASON
To enable the Council to expand its commercial investment portfolio in order to continue to build a revenue stream to support the Council’s general activities.
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Urgent Business To consider matters certified by the Chairman as urgent Minutes: There was no urgent business to be transacted. |