Issue - meetings

RESOLVED:

1.      To adopt the new CIPFA’s Treasury Management in the Public Services Code of Practice, with effect from 1^st April 2010.

2.      To adopt the Treasury Management Policy Statement and clauses as per paragraphs 2 and 3 of the report.

3.      To approve the future borrowing and investment strategies.

4.      In relation to the Council’s overall borrowing for the financial year 2010/11, approve the Prudential Indicators as set out in Section 3 of this report.

5.      To approved the methodology for establishing credit criteria.

6.      To delegate future amendments to the credit criteria methodology to Cabinet.