Agenda and minutes

Venue: Committee Room B, Wellington House, 40-50 Wellington Street, Leeds

Items
No. Item

34.

Apologies for absence

Minutes:

Apologies for absence were received from Councillor Pandor, Councillor Ross-Shaw and Jonathan King.

35.

Declarations of disclosable pecuniary interests

Minutes:

Simon Wright declared a disclosable pecuniary interest in relation to Growing Places Fund Loans exempt Item 8, Appendix 3.

36.

Exempt information - Exclusion of the press and public

1.    To highlight Appendices 1 and 2 of Agenda Item 6 and Appendices 1, 2 and 3 of Agenda Item 8 which officers have identified as containing exempt information within the meaning of Schedule 12A to the Local Government Act 1972, and where officers consider that the public interest in maintaining the exemptions outweighs the public interest in disclosing the information, for the reasons outlined in the report.

 

2.    To consider whether or not to accept the officers’ recommendation in respect of the above information as set out at paragraphs 4.1 respectively.

 

3.    If the recommendations are accepted, to formally pass the following resolution:-

 

RESOLVED – That in accordance with paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972, the public be excluded from the meeting during consideration of Appendices 1 and 2 of Agenda Item 6 and Appendices 1, 2 and 3 of Agenda Item 8 on the grounds that they are likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the press and public were present there would be disclosure to them of exempt information and for the reasons set out in the report that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

Minutes:

Resolved: That in accordance with paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972, the public be excluded from the meeting during consideration of Appendices 1 and 2 of Agenda Item 6 and Appendices 1, 2 & 3 of Item 8 on the grounds that it is likely, in view of the nature of the business to be transacted or the nature of the proceedings, that if members of the press and public were present there would be disclosure to them of exempt information and for the reasons set out in the report that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

37.

Minutes of the meeting of the Business Investment Panel held on 5 October 2018 pdf icon PDF 118 KB

Minutes:

Resolved: That the minutes of the Business Investment Panel held on 5 October 2018 be approved and signed by the Chair.

38.

Governance Arrangements pdf icon PDF 100 KB

Additional documents:

Minutes:

The Panel noted that the new Governance arrangements for Business Investment Panel had been approved by Investment Committee.

 

The Chair drew attention to the new members and the new quorate.

 

Resolved: That the Governance arrangements for Business Investment Panel be noted.

39.

Strategic Inward Investment Fund pdf icon PDF 93 KB

Led by:  Lorna Holroyd

Additional documents:

Minutes:

The Panel considered a report which outlined the current position regarding progress in committing grants through the Strategic Inward Investment Fund (SIIF).

 

The Panel Considered the project which was attached at exempt Appendices 1 and 2.

 

Resolved:

 

(i)        That a paper will be circulated to members in the next few weeks on the use of SIIF in attracting investment to the region, in comparison with other regions.

 

(ii)       That member briefings are available on the above paper.

 

(iii)      That the progress on the Strategic Inward Investment Fund be noted.

 

(iv)      That the Panel recommended that project SIIF 006, detailed in exempt Appendices 1 and 2, be approved.

40.

Business Grants Programme pdf icon PDF 112 KB

Led by: Neill Fishman / Lorna Holroyd

Additional documents:

Minutes:

The Panel considered a report which outlined the current position regarding progress in committing grants thought the Leeds City Region Enterprise Partnership (the LEP) Business Grants Programme.

 

The Members were updated on the application history of the BGP and the efforts to widen its reach and raise its profile. There was discussion around how this could be achieved.

 

Resolved: That the contents of the Business Grants Programme report be noted.

41.

Growing Places Fund loans pdf icon PDF 104 KB

Led by:  Chris Brunold

Additional documents:

Minutes:

The Panel considered a report which provided an update on:

 

·         Progress in committing loans through the Growing Places Fund (GPF).

·         The bi-annual review of risks within the GPF Programme (exempt Appendix 1).

·         The GPF review (draft report) and future of the GPF (exempt Appendix 2).

 

The Panel received an update on one project with changed circumstances which was attached at exempt Appendix 3.

 

Simon Wright left the room during discussion of Appendix 3.

 

Resolved:

 

(i)     That the update on progress on the Growing Places Fund be noted.

 

(ii)    That the Panel agreed that no action should be taken at present in respect of exempt Appendix 3 and awaited a further update on the project next week.

42.

Date of next meeting

Minutes:

5 December 2018 at 10am in Committee Room A, Wellington House, Leeds