Decision details

Potential decision on potential Investment Strategy acquisition where in line with the Council’s Constitution the level of investment requires Cabinet agreement. If no such decisions are needed, this item will be withdrawn.

Councillor Peter McDonald, Lead Cabinet Member for Business Recovery and Skills, had previously declared an interest, being a member of the South Cambridgeshire Investment Partnership Board, and left the meeting for the duration of this item.

Cabinet received the exempt report. Councillor Bridget Smith, Leader of the Council introduced the report. Councillor John Williams, Lead Cabinet Member for Finance, mentioned this investment was part of the previously approved Investment Strategy.

The Monitoring Officer noted an amendment to the recommendations. After a short discussion, Councillor Bridget Smith concluded the debate, thanked Officers for their work, and Cabinet:

Agreed the options as detailed in the exempt report, as amended.