Decision details

It was proposed by Councillor J Button, seconded by Councillor J Boughtflower and resolved that the public and press be excluded during discussion of this agenda item, in accordance with paragraph 3 of part 1 of Schedule 12A of the Local Government Act 1972 (as amended) because it was likely to disclose information relating to the financial or business affairs of any particular person (including the authority holding that information) and in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information because, disclosure to the public would prejudice the financial position of the authority in being able to undertake even-handed negotiations and finalising acceptable contract terms.

The Committee considered a report from the Economic Development Manager regarding the Business Incubator.

The Committee resolved to approve the recommended option as set out in the report.