Issue details

Capital Loan to an Academy School

Summary

This report will seek approval for a loan on commercial terms to an academy school within Medway. The loan is to be used to create additional school places from September 2018.

 

Access to Information

The report together with any other documents being considered (unless they contain exempt information) will be available for inspection 5 clear days before the decision is taken by the Cabinet. Copies are available on the Council's website or requested from Democratic Services Medway Council, Gun Wharf, Dock Road, Chatham, Kent, ME4 4TR or email democratic.services@medway.gov.uk If you wish to submit information to the Cabinet about the item please also contact Democratic Services.

 

Notice of Intention to Conduct Business in Private

This report will contain some information which the Cabinet may decide to consider in private. This is because, in the view of the Proper Officer, consideration of the information in public would give rise to the disclosure of exempt information as described in paragraph 3 of Schedule 12A of the Local Government Act 1972 - information relating to the financial or business affairs of any particular person (including the authority holding that information). Should you wish to make any representation for the discussion of this item to be held in public, you should contact: Democratic Services, Medway Council, Gun Wharf, Dock Road, Chatham, Kent, ME4 4TR or email democratic.services@medway.gov.uk

 

The Cabinet’s response to any representations will be published on 29 January 2018 within the Cabinet Agenda. A final decision on whether this item will be determined in private will be taken during the meeting.

 

Decision type: Key

Decision status: For Determination

Notice of proposed decision first published: 08/01/2018

Decision due: 6 Feb 2018 by Cabinet

Lead member: Councillor Alan Jarrett, Leader of the Council alan.jarrett@medway.gov.uk, Councillor Andrew Mackness, Portfolio Holder for Children's Services - Lead Member (statutory responsibility, including education), Councillor Martin Potter, Portfolio Holder for Educational Attainment and Improvement

Lead director: Phil Watts

Department: Business Support Department

Contact: Maria Beaney, Finance Business Partner, Education Email: maria.beaney@medway.gov.uk Tel: (01634) 331204.

Relevant Overview and Scrutiny Committee:: Business Support/Children and Young People

Agenda items