Issue details

Follingsby Enterprise Zone

To seek Cabinet approval for: (1) Signing of an over arching Enterprise Zone Legal Agreement with the LEP; (2) Awarding a grant to the developer; and (3) Submitting a Funding Application to the LEP to fund the grant

Decision type: Key

Reason Key: Expenditure > £250,000;

Decision status: For Determination

Notice of proposed decision first published: 24/10/2017

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
This matter will be dealt with during the private part of the meeting. This matter is considered to be commercially confidential and contains exempt information, as detailed below:

1. The report will contain “exempt” information which falls within paragraph 3 of part 1 of schedule 12A to the Local Government Act 1972 “Information relating to the financial or business affairs of any particular person including the authority holding the information; and

2. In relation to the “exempt” information, it has been determined that the public interest in maintaining the exemption outweighs the public interest in disclosing the information because of the serious consequences for the authority and others if the information should come into the public domain.

Decision due: 24 Apr 2018 by Cabinet

Contact: Gareth Powell, Development & Infrastructure Lead Email: GarethPowell@Gateshead.Gov.UK Tel: 0191 433 3316.

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