Decision details

(1)        That the receipt of £71,584 under the Local Authority Business Growth Incentive Scheme in 2009/10 be noted;

(2)        That the funds received in 2009/10 be ring fenced for economic development purposes;

(3)        That the Portfolio Holder for Finance and Economic Development, in consultation with Officers and business support organisations, be delegated authority to allocate the funding to appropriate schemes within the District to promote economic development;

(4)        That the request from Waltham Abbey Town Council to increase the grant for the Tourist Information Centre by £5,000 per annum for two years be given favourable consideration; and

(5)        That the closure of the Local Authority Business Growth Incentive Scheme by the new Government be noted.