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.