Decision details

Meltree Properties Limited Grant Update

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

A European Regional Development Fund (ERDF) grant of £68,750 was paid by the Council to Melltree Properties Limited. A subsequent breach of the grant conditions occurred and DCLG have requested repayment of the full grant.

Decision:

Cabinet approved the repayment of £68,750 grant to DCLG and that this is funded using the £5,000 grant reclaimed, with the balance from the un-ring-fenced grants reserve.

Reasons for the decision:

To repay the grant as requested by DCLG.

Alternative options considered:

Not to repay the grant, which given the nature of the breach could lead to further action by DCLG and damage the Council’s reputation.

Publication date: 17/10/2014

Date of decision: 16/10/2014

Decided at meeting: 16/10/2014 - Cabinet

Effective from: 25/10/2014

Accompanying Documents: