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  • Anticipated reasons for restriction

    Exempt report - Acquisition Z - key decision

    By virtue of paragraph(s) 3 of Part 1 of Schedule 12A of the Local Government Act 1972.

    Explanation of Reasons

    Reason restricted justification

    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 the bidding process for the site by allowing other bidders to know the position of the Council. This in turn prejudices the Council by (i) distorting the bids process and (ii) prejudicing the opportunity for the Council to acquire a site through the Council for the prudent management of its financial affairs.