Decision details
Application for Financial Assistance
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Council is asked to provide financial assistance to companies to create or safeguard employment opportunities. Exempt report due to commercially sensitive information
Decisions:
The Cabinet Member for the Economy introduced a report by the Strategic Director of Regeneration and Environment which sought Cabinet’s approval to provide a grant to the company named in the report to assist towards its business expansion project.
RESOLVED: That
(1) a grant, paid over two years from the date of the signing of the legal agreement, be approved towards the business Development Project being undertaken by the company named within the report;
(2) the Head 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.
Report author: Strategic Director: Regeneration and Environment
Publication date: 15/10/2013
Date of decision: 10/10/2013
Decided at meeting: 10/10/2013 - Cabinet
Effective from: 23/10/2013
Accompanying Documents:
- Restricted enclosure View reasons restricted