Summary
This report will ask the Cabinet to approve the signing of the Grant Funding Agreement, naming the Council as the second guarantor, once Councillors are satisfied of the potential risks regarding repayment of the fund.
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 15 September 2025 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: 22/08/2025
Decision due: 23 Sep 2025 by Cabinet
Lead member: Councillor Simon Curry, Portfolio Holder for Climate Change and Strategic Regeneration simon.curry@medway.gov.uk, Councillor Louwella Prenter, Portfolio Holder for Housing and Homelessness louwella.prenter@medway.gov.uk, Councillor Zoë Van Dyke, Portfolio Holder for Business Management zoe.vandyke@medway.gov.uk
Lead director: Adam Bryan
Contact: Elizabeth Westwood, Senior Regeneration Officer Email: elizabeth.westwood@medway.gov.uk Tel: 01634 338156.
Relevant Overview and Scrutiny Committee:: Regeneration, Culture and Environment