Agenda and minutes

Executive - Tuesday 1 November 2016 5.30 pm

Venue: Bromley Civic Centre

Contact: Keith Pringle 020 8313 4508

Items
No.	Item
113.	APOLOGIES FOR ABSENCE Minutes: Apologies were received from Cllr Colin Smith.
114.	DECLARATIONS OF INTEREST Minutes: There were no declarations.
115.	LOCAL GOVERNMENT ACT 1972 AS AMENDED BY THE LOCAL GOVERNMENT (ACCESS TO INFORMATION) (VARIATION) ORDER 2006 AND THE FREEDOM OF INFORMATION ACT 2000 The Chairman to move that the Press and public be excluded during consideration of the items of business listed below as it is likely in view of the nature of the business to be transacted or the nature of the proceedings that if members of the Press and public were present there would be disclosure to them of exempt information. Minutes: RESOLVED that the Press and public be excluded during consideration of the items of business referred to below as it is likely in view of the nature of the business to be transacted or the nature of the proceedings that if members of the Press and public were present there would be disclosure to them of exempt information. The following summaries refer to matters involving exempt information
116.	GROWTH FUND ACQUISITION OF PROPERTY IN ORPINGTON View the reasons why item 116. is restricted View the background to item 116. Report to follow. Minutes: Report DRR16/081 Members consideredan investment opportunity to purchase a property in Orpington utilising funds from the Growth Fund. Thevendor required an urgent decision without which it was possible the vendor could withdrawand sell to another party.As such, and with the prior agreement of the Chairman of the Executive and Resources PDS Committee, the decision type was marked “Urgent” and not subject to call-in.
117.	GROWTH FUND ACQUISITION OF PROPERTY IN BROMLEY View the reasons why item 117. is restricted Report to follow. Minutes: DRR16/080 Members considereda further investment opportunity in Bromley utilising funds from the Growth Fund. Thevendor required an urgent decision without which the vendor could withdrawand sell to another party.As such, and with the prior agreement of the Chairman of the Executive and Resources PDS Committee, the decision type was marked “Urgent” and not subject to call-in.