This report seeks approval to;
1. Invest £2,500,000 into Blueprint.
2. Fund deficits for future years from income as long as NCC 50%
share in Blueprint doesn't fall below £7.5m.
Decision type: Key
Reason Key: Expenditure, Income or Savings = £750k or more;
Decision status: For Determination
Wards affected: (All Wards);
Notice of proposed decision first published: 22/10/2018
Anticipated restriction: Fully exempt - View reasons
Explanation of anticipated restriction:
This report is exempt from publication under paragraph 3 of Schedule 12A to the Local Government Act 1972 because it contains information relating to the financial or business affairs of any particular person (including the authority holding that information) and, having regard to all the circumstances, the public interest in maintaining the exemption outweighs the public interest in disclosing the information. It is not in the public interest to disclose this information because it may adversely impact the future trading and reputation of the company.
Decision due: 20 Nov 2018 by Executive Board
Lead member: Portfolio Holder for Resources and Neighbourhood Regeneration
Department: Development and Growth
Contact: Gill Callingham, Regeneration Specialist Gill Callingham Email: gill.callingham@nottinghamcity.gov.uk Tel: 0115 8763469.