Agenda item - Annual Investment Strategy

Report of the Director of Finance & Resources (copy attached).

69.1       Councillor Young formerly moved the report, which sought approval to the Annual Investment Strategy 2009/10.  She noted that the Cabinet had accepted the recommendations and agreed that they should be put to the council for approval.

69.2       Councillor Randall referred to the ethical statement and queried whether the matrix for assessing investments was still being applied.

69.3       Councillor Young confirmed that the matrix was still being used.

69.4       The Mayor noted that the recommendations of the report had been moved and sought confirmation from the council.

69.5       RESOLVED – That the Annual Investment Strategy 2009/10 as set out in Appendix 1 to the report be approved.