Policy And Resources Committee - 13/05/2002

At a MEETING of the FINANCE COMMITTEE held at Dundee on 13th May, 2002.

Present:-

COUNCILLORS

Councillor George REGAN, Convener, in the Chair.

The minute of meeting of this Committee of 15th April 2002 was held as read.

Unless marked thus * all items stand delegated.

I RELIEF ON RATES - CHARITY RELIEF

There was submitted Report No. 323-2002 by the Director of Finance seeking authorisation to grant charity relief on the undernoted non-domestic properties:-

The Committee approved accordingly.

II DUNDEE CITIZENS ADVICE BUREAU - FINANCIAL ASSISTANCE 2002/2003

After considering Report No. 240-2002 by the Director of Finance the Committee agreed that a Revenue Grant amounting to 101,850 be paid to the Dundee Citizen Advice Bureau.

III OPERATING LEASES - YEAR ENDED 31ST MARCH 2002

There was submitted Agenda Note AN64-2002 relative to the undernoted.

It was noted that at the end of the financial year 2001/02 operating leases were entered into for the following vehicles and equipment:

It was further noted that the lease for the Information Technology equipment was entered into with Sovereign Finance plc for a period of 5 years at a rental of 132,196.16 per annum and that the lease for all of the vehicles and equipment was entered into with Societe Generale Ltd there being a number of terms within this lease ranging from 5 years to 8 years as shown below.

GEORGE REGAN, Convener.