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: firstname.lastname@example.org Tel: 01799 510421.