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Council and councillors

Decision details

OAKHAM ENTERPRISE PARK CAPITAL INVESTMENT

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To request approval to invest additional funds in Oakham Enterprise Park.

Decisions:

Report No. 75/2019 was received from the Deputy Director for Places.

 

Mr Brown, Portfolio Holder for Planning, Environment, Property and Finance, introduced the report the purpose of which was to obtain Cabinet approval for the investment of £110,000 for Oakham Enterprise Park (OEP) to maximise the return from the asset.

 

DECISION:

 

Cabinet APPROVED the release of up to £110,000 to undertake further investment works at Oakham Enterprise Park.

 

Reasons for the decision:

 

Approval for the release of the funding would ensure that RCC continued to invest in an asset that not only provided a financial return but also supported the economy and wellbeing of the community.

Report author: Mr Andrew Edwards

Publication date: 16/04/2019

Date of decision: 16/04/2019

Decided at meeting: 16/04/2019 - Cabinet

Effective from: 01/05/2019

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