Venue: Skype
Contact: Email: Democratic.Services@swdevon.gov.uk
Items
No. |
Item |
ITE 1/20 |
Confirmation Of Minutes PDF 314 KB
To
approve and adopt as a correct record the Minutes of the
meetings of the Invest to Earn
Committee held on 17 December 2019
Minutes:
IE.1/20
The minutes of the Committee meeting held on
17 December 2019 were approved as a true and correct record.
|
ITE 2/20 |
Urgent Business
To consider those items which,
in the opinion of the Chairman,
should be considered by the Meeting
as matters of urgency (if
any).
Minutes:
IE.2/20
The Chairman confirmed that he had no items
of urgent business for consideration at this meeting.
|
ITE 3/20 |
Declarations of Interest
Members are invited to declare any personal or disclosable
pecuniary interests, including the nature and extent of such
interests they may have in any items to be considered at this
meeting.
[If Councillors have any questions
relating to predetermination, bias or interests in items on this
Agenda, then please contact the Monitoring Officer in advance of
the meeting]
Minutes:
IE.3/20
Members were invited to declare any
interests in the items of business to be considered during the
course of the meeting, but there were none made.
|
ITE 4/20 |
Exclusion of Public and Press
Minutes:
IE.4/20
RESOLVED
That in
accordance with Section 100(A)(4) of the Local Government Act 1972,
the public and press be excluded from the meeting during
consideration of the following items of business as the likely
disclosure of exempt information as defined in paragraph 3 of
Schedule 12A to the Act is involved.
|
ITE 5/20 |
Temporary Accommodation- Tavistock
PART TWO ITEMS ARE THOSE WHICH
MAY BE TAKEN IN THE ABSENCE OF THE PUBLIC AND PRESS ON THE GROUNDS
THAT EXEMPT INFORMATION IS LIKELY TO BE DISCLOSED (if any) If any,
the Committee is recommended to pass the following resolution:
“RESOLVED that under Section 100(A)(4) of the Local
Government Act 1972, the public be excluded from the Meeting on the
grounds that exempt information may be disclosed as defined in the
paragraphs given in Schedule 12A to the Act.”
Minutes:
IE.5/20
The Committee considered an exempt report that
presented an opportunity to acquire a temporary accommodation unit
in Tavistock.
In the ensuing debate, Members recognised that
the proposals constituted a favourable net yield in comparison to
previous schemes that had been presented to the Committee and were
supportive of the recommendation that was contained within the
exempt agenda report.
It was then:
RESOLVED
That the Committee RECOMMEND
for approval the acquisition of the temporary accommodation in
Tavistock (as outlined in the presented exempt agenda report), with
the recommendation and acquisition to be considered and made by the
Head of Paid Service and Section 151 Officer, in consultation with
the Leader of the Council and the Chairman of the Invest to Earn
Committee, in accordance with the Scheme of Delegation set out in
the Council’s adopted Commercial Acquisition Strategy.
|
ITE 6/20 |
Solar Scheme - Verbal Update
Minutes:
IE.6/20
By way of an update, the Director –
Place and Enterprise advised that, following the due diligence
works that had been undertaken, the Solar Scheme project had
unfortunately been deemed to be unviable.
During the subsequent debate, the Committee
expressed its support for the conclusions that had been reached
following the due diligence works. In
addition, Members felt that the costs associated with the due
diligence works had proven to represent good value for money to the
Council.
|
ITE 7/20 |
Investment Opportunity - Tavistock - Verbal Update
Minutes:
IE.7/20
Having
received an update from the Director – Place and Enterprise,
the Committee acknowledged the views expressed whereby the risk /
reward ratio for this Scheme did not currently represent a viable
business opportunity for the Council.
|