Decision Maker: Cabinet
Decision status: Item Called In
Is Key decision?: No
Is subject to call in?: Yes
To update Cabinet on the outcome of a soft-market testing exercise, undertaken to identify a CPO indemnity partner for Manston Airport.
1. That no further action be taken at the present time on a CPO of Manston Airport, on the basis that the Council has not identified any suitable expressions of interest that fulfil the requirements of the Council for a CPO indemnity partner and that it does not have the financial resources to pursue a CPO in its own right;
2. That subject to obtaining written consent from Party A; relevant information is sent to the Minister of State for Transport for consideration.
There is no valid expression of interest for a CPO indemnity partner and the Council is not advised to proceed in its own right for the reasons set out in the report.
Publication date: 15/12/2014
Date of decision: 11/12/2014
Decided at meeting: 11/12/2014 - Cabinet
Issue status: The decision is currently being reconsidered
This decision has been called in by: