Issue - meetings

To provide Cabinet with an update on the progress of the Commercial & Investment Strategy and to agree next steps in formulating a plan for implementation to include; governance, funding, investment criteria and prospective projects.

Cabinet considered the Commercial & Investment Strategy report presented by Councillor Boden.

Councillor Boden explained that further information would be available to members in November 2019. He proposed that an additional meeting of Cabinet be arranged to take place on Monday 4 November 2019 to consider this additional information.

Cabinet discussed and commented on the draft Commercial & Investment Strategy and AGREED to;

·         Authorise CMT to take all required actions to formulate proposals for consideration by Cabinet and Council on 4^th November which facilitate the financial and governance arrangements necessary to give effect to the Strategy and the establishment of a Local Authority Trading Company.