Issue details

East Kent Opportunities Limited Liability Partnership (LLP)

Authority was sought and received in March 2007 under decision 07/00936 to commit KCC to entering a Joint Venture Vehicle incorporating Kent County Council’s landholdings at Manston Park and Eurokent Business Park, Thanet and Thanet District Council’s landholdings at Eurokent.

 

In 2010 further authority was sought to reprofile the loan and this was received and recorded under decision 10/01499.

 

In 2014 further re-profiling is necessary to ensure that EKO is able to build upon current momentum and be best placed to move forward on the development of both sites.  The Leader has taken a further decision under 14/00053.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 11/07/2014

Decision due: June 2014 by Leader and Cabinet Member for Health Reform
Reason: Decision 07/00936 was amended as per 10/01499 and is now superseded by 14/00053

East kent Opportunities JVV with TDC - original decision and subesquent reprofiling amendments

Lead member: Leader and Cabinet Member for Health Reform

Lead director: Barbara Cooper

Department: Strategic & Corporate Services

Contact: Theresa Bruton, Head of Regeneration Projects E-mail:  Theresa.Bruton@kent.gov.uk Tel: 01622 221957  theresa.bruton@kent.gov.uk Tel: 01622 221957.

Financial implications: Theresa Bruton Head of Regeneration Projects Growth, Environment and Transport 01622 221957 Theresa.Bruton@kent.gov.uk

Legal implications: 07/00936 & 10/01499 & 14/00053

Equalities implications: 07/00936 - Exceeds financial criteria

Decisions

Agenda items