Farnborough International Limited – Phase 2 Development Funding

Details

This decision has been made

Item Reference: 6807

Executive Member for Policy and Resources and Leader of the Council

Date: 23 July 2015

Call-in Deadline: 31 July 2015

Item Type: Decision

Consultation

These are the people/organisations who will be formally consulted about this item.

Principal Consultees: Director of Corporate Resources, in consultation with the Chief Executive, Head of Legal Services and the Leader

Method of Consultation: Email , discussion and meetings

District

  • Rushmoor
Summary

<P>To secure approval to provide financial support for the proposed development of new permanent conference and exhibition facilites for the hosting of the Farnborough International Airshow.  This is in response to a formal request from the CEO of Farnborough International Limited (FIL) to provide a loan of £4.5m to assist the company in reaching their required funding target of £29m.</P>

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Documents

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The Decision

Executive Decision Record (Final) 72 KB

Documents Supporting the Item

Report 159 KB
Regulation 10 Notice 124 KB

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