Issue - meetings

This report provides information on the Council’s debt, borrowing and investment activity for the financial year ending 31 March 2012.

7.28pm - The report and recommendations were formally moved for adoption by the Leader of the Council, Councillor Nicholas Botterill.

Speeches on the report were made by Councillor Nicholas Botterill (for the Administration) and Councillor Andrew Jones (for the Opposition), before being put to the vote:

The report and recommendations were put to the vote:

FOR                         Unanimous

AGAINST                0

NOT VOTING          0

The report and recommendations were declared CARRIED.

7.34pm RESOLVED:

(1)    That the Council notes it has not undertaken any borrowing for the period 1 April 2011 to 31 March 2012; and

(2)    that the investment activity for the period 1 April 2011 to 31 March 2012 be noted.

1. To note that the Council has not undertaken any borrowing for the period 1 April 2011 to 31 March 2012.

2. To note the investment activity for the period 1 April 2011 to 31 March 2012.