Cabinet recalled the consideration given on 12 April to the AVE business plan.  Members had a number of questions which they felt needed answering before they felt able to approve the plan.

Consideration was given to a report summarising the questions and AVE’s responses.

Members sought assurances that the dividend distribution and major acquisition would take place in 2016/17 and that the number of voids would be reduced in that financial year.

RESOLVED –

That having regard to the responses from AVE, approval be given to the business plan.