Agenda and minutes

Apologies received from Councillor Shabir Pandor, Councillor Darren Byford, Jonathan King and Marcus Mills

There were no items of pecuniary interests declared at the meeting.

1.    To highlight Appendices 1 and 2 of Agenda Item 5 and Appendices 1,2,3 and 4 of Agenda Item 6, 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 paragraph 5.1 of Agenda Item 5 and paragraph 7.1 of Agenda Item 6.

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 5 and Appendices 1,2,3 and 4 of Agenda Item 6 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.

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 to Agenda item 5 and Appendices 1,2,3 and 4 to Agenda Item 6 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.

That the minutes of the Business Investment Panel held on 5 October 2020 be approved and signed by the Chair.

The Panel considered a report outlining the current position regarding progress in committing grants through the Leeds City Region Enterprise Partnership (the LEP) Strategic Inward Investment Fund (SIIF).  The Panel was asked to note the SIF report and to consider and discuss one new grant application at 3.1 of the report and at the exempt appendices 1 and 2.

The Panel discussed the application in detail and following consideration of the application agreed to recommend for approval.

Resolved:

(i)             That the contents of the Strategic Inward Invest Fund (SIIF) report be noted.

(ii)            That the Panel considered the grant application detailed at 3.1 of the report and at exempt application 1 and 2 and agreed to recommend for approval.

The Panel considered a report to outline the current position regarding progress in committing grants through the Leeds City Region Enterprise Partnership (The LEP) Business Growth Programme (BGP) and was asked to note the update regarding evaluation of the first round of the Productivity pilot

The Panel was asked to consider the applications outlined at 3.1 Project Reference 1117174 and 1117483 and detailed in exempt Appendices 1,2,3 and 4 and note the update regarding applications considered at the meeting on 6 October 2020, as outlined at 4.1

The Panel considered the two grant applications and agreed that they be recommended for approval.

Resolved:

(i)             That the contents of the progress report be noted.

(ii)            That the grant application Reference 1117174 attached at exempt Appendices 1 and 2 be recommended for approval.

(iii)          That the grant application Reference 1117483 attached at exempt Appendices 3 and 4 be recommended for approval.

(iv)          That the updates on applications considered at Business Investment Panel on 6 October 2020 be noted.