Decision details

Manston Airport

Decision Maker: Cabinet

Decision status: Item Called In

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To update Cabinet on the outcome of a soft-market testing exercise, undertaken to identify a CPO indemnity partner for Manston Airport.

Decision:

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.

Reasons for the decision:

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.

Alternative options considered:

Not applicable.

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:

  • Administrator who writes This decision was called in by five members of the Overview and Scrutiny Panel"

Accompanying Documents: