From time to time the Council is asked to provide financial assistance to companies to create or safeguard employment opportunities.

Councillor Phil Davies introduced a report by the Strategic Director - Regeneration and Environment that sought approval to provide a grant to a company to assist it with its business expansion project.

RESOLVED: That

(1)  a grant, paid from the date of the signing of the legal agreement, be approved towards the business growth project being undertaken by the company named within the report; and

(2)  theHead of Legal and Member Services be authorised to draw up and sign a legal agreement between the Council and the business based upon the content of the report and subject to the detailed contracting process.