Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
To seek an extension of the approved
prudential borrowing facility to develop the Phase 2 Medway
Innovation Centre and set up the management of that
facility.
158/2007 The Cabinet noted the progress
achieved in developing the Phase 2 centre.
159/2007 The Cabinet recommended to Council the approval of the
additional prudential borrowing requirement of up to £600,000
so that the project can move forward to contract.
These decisions will enable the Council to
take the Medway Innovation Centre scheme forward, ensuring that
Government money allocated to the project is committed by 31 March
2008.
Publication date: 25/09/2007
Date of decision: 25/09/2007
Decided at meeting: 25/09/2007 - Cabinet
Effective from: 05/10/2007
Accompanying Documents: