The decision is required to enable a loan agreement and other necessary contractual or quasi-legal documents to be entered into, so that funding may be secured from the fourth tranche of Growing Places Funding.
Decision type: Key
Reason Key: Expenditure or savings of more than £1m;
Decision status: Recommendations Approved
Notice of proposed decision first published: 13/11/2017
Decision due: Not before 13th Dec 2017 by Cabinet Member for Economic Development
Reason: In order that the proposed decision can be published for a minimum of 28 days, in accordance with statutory requirements
Lead member: Cabinet Member for Economic Development
Lead director: David Smith
Department: Growth, Environment & Transport
Contact: Sarah Nurden, Kent and Medway Economic Partnership's Strategic Programme Manager 03000 416 518 Email: sarah.nurden@kent.gov.uk Tel: 03000 416 518.
Consultees
The matter has been considered by the Growth, Economic Development and Communities Cabinet Committee on 21 November 2017.
Financial implications: A loan agreement will be entered into between the South East LEP/Essex County Council and Kent County Council for any projects within KCC’s boundary selected by SELEP to receive GPF funding.
Legal implications: A loan agreement will be entered into between the South East LEP/Essex County Council and Kent County Council for any projects within KCC’s boundary selected by SELEP to receive GPF funding.
Equalities implications: EqIAs will be prepared for each capital project for which funding is secured