ITEM OF “PRIVATE” BUSINESS, WITHOUT 28 DAYS’ NOTICE, FOR EXECUTIVE MEETING 24TH JULY 2017

The Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012

Notice of Intention to Transact “Private” Business Without 28-Day Notice

Notice is hereby given in accordance with Regulation 5(6) of the Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012 that an item of private business (containing “exempt information”) is to be transacted without 28 days’ formal notice at the meeting of the Executive on 24^th July 2017. This business relates to:

·         Capital Investment Fund

In accordance with Regulation 5(6), this has been reported to the Chairman of the Scrutiny Committee, who has agreed that, for the following reason(s), transacting this business at the private meeting is urgent and cannot reasonably be deferred:

The Council is embarking upon a significant range of projects with the potential to deliver substantial regeneration benefits to the area. It needs to increase the capacity for capital investment to support that programme and the ability to act speedily in order to secure the maximum benefit for the area. The decision will follow two previous Council decisions on this issue. Deferral of the decision could exclude the Council from being able to progress identified opportunities.

JANE LE FEVRE

Director of Legal & Democratic Services

13 July 2017