Agenda item

Resolution from the Finance Committee

Report of the Town Clerk.

Minutes:

The Committee considered a request from the Finance Committee regarding Corporate Asset Sub-Committee (CASC) taking responsibility for decisions regarding the disposal of properties which had been declared as surplus to the Corporation’s operational requirements and which were not suitable as investment property assets.

 

RESOLVED – That:

a)    the proposal from the Finance Committee to allow the Corporate Asset Sub (Finance) Committee to make disposals of properties which are not suitable to be retained as investment property assets be supported;

b)    the Policy and Resources Committee and Court of Common Council be requested to amend Standing Orders 56 and 57 to enable this proposal to be enacted.

Supporting documents: