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Issue - meetings

Strategic Partnership and the Scottish Local Government Pension Scheme

Meeting: 03/02/2021 - City Growth and Resources Committee (Item 12)

12 Strategic Infrastructure Partnership with North East Scotland Pension Fund - RES/21/049 pdf icon PDF 295 KB

Decision:

to note the content of the report and instruct the Chief Officer – City Growth to report back to the Committee within two cycles on the methodology and approach to bring investor ready proposals to the market, including resource implications and timescales for developing the opportunities described within the various economic and infrastructure strategies.

Minutes:

With reference to article 7 of the minute of meeting of 7 February 2019, the Committee had before it a report by the Director of Resources which provided information on the opportunities for a strategic partnership between the Council and the North East Scotland Pension Fund (NESPF) for the purposes of supporting local infrastructure investment.

 

The report recommended:-

that the Committee note the content of the report and instruct the Chief Officer – City Growth to report back to the Committee on the methodology and approach to bring investor ready proposals to the market, including resource implications and timescales for developing the opportunities described within the various economic and infrastructure strategies.

 

The Committee resolved:-

(i)       to approve the recommendation; and

(ii)       that the report be submitted to the Committee within two cycles.