Decision details

Business Investment

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

Consideration was given to the commercially sensitive information in relation to Item 10: Business Investment.

 

Resolved:

1.    That the Cabinet notes the progress made and outcomes achieved to date.

2.    That the Cabinet approves the acceptance of the final JV profit share to the Council from Broadway Green of £526,320 to be received in October 2024.

3.    That the Cabinet approves the financial subsidy control agreement to secure the inward investment into Plot369 (detailed in the confidential report) at Broadway Green by Inspired Global Cuisine, and the creation of 700 jobs.

Publication date: 19/09/2024

Date of decision: 16/09/2024

Decided at meeting: 16/09/2024 - Cabinet

Effective from: 25/09/2024

Accompanying Documents: