Agenda item

Pursuant to Cabinet Minute No. 157, the Head of Finance submitted a report to seek Council approval for the Treasury Management Strategy Statement and the Annual Investment Strategy Statement for 2014/15.

RESOLVED –

(1)     That the Council affirms its adoption of CIPFA's Code of Practice on Treasury Management.

(2)     That the Treasury Management Strategy Statement and Annual Investment Strategy, including the Prudential Code Indicators and Minimum Revenue Provision Policy, be approved.

(3)     That the contingency banking arrangements, as outlined at paragraph 6.2 of the report, be ratified.

(4)     That the inclusion of Svenska Handelsbanken on the counterparty list be approved.