Issue details

Gateshead Quays – NEMCA Capital Regeneration Fund and amendments to legal agreements

To request Cabinet Approval to accept NEMCA grants and amendments to Legal Agreements

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: For Determination

Notice of proposed decision first published: 19/02/2024

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 disclosure would adversely impact the authority’s ability to manage its commercial financial and business affairs."

Decision due: 19 Mar 2024 by Cabinet

Contact: Andrew Sloan, Service Lead – Energy, Major Projects and Development Email: AndrewSloan@gateshead.gov.uk Tel: 0191 433 3425.

Agenda items