Yarra City Council forced into ’embarrassing backdown’ over plan to give CEO powers to sell property

Yarra council is forced to back down on a controversial proposal that would have allowed its CEO to buy and sell property worth up to $10 million without councillor approval, after receiving overwhelming community backlash. Yarra council is forced to back down on a controversial proposal that would have allowed its CEO to buy and sell property worth up to $10 million without councillor approval, after receiving overwhelming community backlash. Business, Economics and Finance, Local Government, Urban Development and Planning Latest business news