Issue - meetings

North East First Credit Union Financial Support

Meeting: 25/02/2020 - Cabinet (Item 135)

Provision of Financial Support

Report of the Strategic Director, Resources and Digital

 

Minutes:

Consideration has been given to details of financial support provided to an organisation, under a delegated decision by the Strategic Director, Resources and Digital, in consultation with the Leader and Deputy Leader.

 

RESOLVED -

(i)         That the decision taken by the Strategic Director,     Resources and Digital under delegated powers, as set out in the report, be endorsed.

 

 

(ii)        That the Council’s poverty lead officer be nominated onto    the board of the organisation.

 

The above decisions have been made to ensure the organisation’s compliance with the Prudential Regulation Authority.