Decision details

LORN ARC TAX INCREMENTAL FINANCING (TIF) ASSET PROJECT 5 - OBAN NORTH PIER EXTENSION - START UP REPORT

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Decisions:

The Committee considered a recommendation from the Oban, Lorn and the Isles Area Committee held on 15 April 2015 with regard to the drawdown of funding for the development of a full business case for Lorn Arc Project 5 – Oban North Pier Extension.

 

Decision

 

The Committee

 

1.    Approved the drawdown of borrowing for a total of up to £560K for the development of a full business case for Lorn Arc Project 5.

 

2.    Noted that the full business case would be reported to a future Committee before moving to implementation stage.

 

(Reference:  Recommendation from Oban, Lorn and the Isles Area Committee held on 15 April 2015 and report by Executive Director – Development and Infrastructure Services dated April 2015, submitted)

 

Publication date: 28/05/2015

Date of decision: 14/05/2015

Decided at meeting: 14/05/2015 - Policy and Resources Committee