Issue - meetings

An offer has been made by the Council on an asset for a commercial property.  We are currently waiting to hear from the seller if they will accept the offer.  Should this occur a report will be published ion an additional papers pack.

The Executive Director of Finance and Corporate Resources explained that Officers had identified a potential investment opportunity for the Council.  An offer had been made to purchase a particular asset from an external organisation.  No decision had yet been taken on this offer and therefore there was no report available for consideration at the meeting.  Should the offer be excepted Members would be invited to make a decision on the matter.