The Committee:
(1) Received the report on the Council’s treasury management performance 2017/18.
(2) Approved the actual 2017/18 prudential indicators.
(3) Noted MCHLG’s Statutory Guidance on Local Government Investements.
(4) Noted the suspension of further out-of-borough investment property acquisitions, where the main purpose is purely to profit, until further guidance or case law is published that clarifies the Council’s related vires.
Note: Two Councillors abstained from agreeing to note recommendation 4 above.