Issue details

Investment Opportunity 11

To consider a potential investment

Decision type: Key

Reason Key: Expenditure or Savings > £100,000;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 19/08/2020

This decision will be taken under urgency procedures.

Reason for urgency:
Reason why notice of the decision cannot be published at least 28 clear days before the key decision is to be made and therefore requires special urgency measures – Due to the commercial nature of the opportunity, an urgent decision is required as the investment opportunity is only viable for a limited period of time, following endorsement from the Investment Board on Tuesday, 18 August 2020.

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
The information is exempt from publication in that the exemption outweighs the public interest in disclosing the information as it relates to the business affairs of the Council; the exemption category is:

The information is exempt information under Section 100I of the Local Government Act 1972 as it involves the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act

Decision due: 19 Aug 2020 by Leader of the Council

Lead member: Portfolio Holder for Business, Economy, Jobs, Investment and Strategy; Youth Services

Lead director: Director of Finance and Corporate Services

Contact: Adrian Webb, Director - Finance and Corporate Services Email: awebb@uttlesford.gov.uk Tel: 01799 510421.

Decisions

Agenda items

Documents

  • Investment Opportunity 11