Application for Financial Assistance
Decision Maker: Economy Regeneration & Development Committee, Director of Regeneration and Place
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
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.
(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.
Report author: Strategic Director: Regeneration and Environment
Publication date: 25/03/2015
Date of decision: 12/03/2015
Decided at meeting: 12/03/2015 - Cabinet
Effective from: 02/04/2015