Mansfield District Council's Governance and Ethics Committee has recommended the Investment Strategy for approval by Full Council on 19 November.
The strategy sets the direction of the council when identifying potential commercial property investments and if approved by the council, would give preference to potential investment opportunities which are within the district.
However, it may also give careful consideration to commercial investment properties which are outside the areas if they directly benefit residents or meet corporate objectives by being green, ethical or sustainable.
The report to the committee on Friday 8 November ensured that the council was complying with statutory guidance.