Meeting documents
Venue: Room 6, Capswood, Oxford Road, Denham. View directions
Contact: Democratic Services
Note: This Policy Advisory Group is not open to the public
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Apologies for Absence |
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To receive the Part 1 minutes of a meeting of the Policy Advisory Group held on 26 June 2014. Minutes: The minutes of the meeting of the Policy Advisory Group (PAG) held on 26 June 2014 were received. |
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Investment Performance - Quarter Ending 30 June 2014 PDF 128 KB To consider report of the Director of Resources. Minutes: The PAG received a report which informed Members of the investment returns for the quarter ending 30 June 2014.
The report set out:
It was noted that the Council had adopted the CIPFA code of practice of Treasury Management which included the creation of a Treasury Management Policy & Procedures. A revised procedure document will be circulated at the next Resources PAG taking into account the shared Finance Team.
RESOLVED that the report be noted. |
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Exempt Information
Minutes: Members noted that the following items contained exempt information which was not available to the press and public. |
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Mooring Fees To consider report of the Director of Services. Minutes: The PAG received a report in relation to the future method of collecting mooring fees at River Road, Taplow.
In the light of further information received, it was
RESOLVED that consideration of the report be deferred.
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Taplow Boatyard To consider report of the Director of Services. Minutes: Following the decision of Cabinet on 8 April 2014 to delegate authority to the Director of Services in consultation with the Resources Portfolio Holder to agree terms and conditions for the new lease of the Boatyard, Mill Lane, Taplow the Head of Environment updated the PAG on the progress on the negotiations that were taking place on the terms and conditions. The PAG would be kept informed of future progress. |
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Bath Road Depot To consider report of the Director of Services. Minutes: At its meeting on 20 March 2014 the Portfolio Holder had recommended to the Cabinet to progress the project of a proposed redevelopment of the Bath Road Depot site for 4 single storey individual industrial units.
The PAG received a report setting out the following three options
Option 1 - letting out of space as hard standing for open storage Option 2 - redevelop the site and then let the units Option 3 - sell the site with planning consent.
In relation to option 2, the PAG noted the value of the lowest tender.
The report provided the net present value of the options over a 30 year life and the PAG noted that option 1 would produce the best nett present revenue over 30 years compared to options 2 and 3.
The PAG also noted that pursuing option 1 would require a planning application to regularise the change of use along with some pre letting work.
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