Issue - decisions

Approval of Equity Investment from the TIGER Fund - 14/00133

19/11/2014 - Approval of Equity Investment from the TIGER Fund - 14/00133

The Cabinet Member for Economic Development, has agreed to implement the recommendation of the North Kent Approval Panel and grant a loan to the Company set out in the exempt report, subject to the conditions also contained therein, of £1,174,072 from the TIGER Fund.

 

Governance:
The Executive Scheme of Delegation for Officers set out in Appendix 2 Part 4 of the Constitution (and the directorate schemes of sub-delegation made thereunder) provides the governance pathway for the implementation of this decision by officers.  In this instance, Director of Economic Development (on behalf of the Corporate Director Growth Environment & Transport) will be the lead officer seeking to ensure that all such steps as are necessary to implement the decision.