Decision details

Aequus - Shareholder approval of development business case proposal

Decision Maker: Cabinet

Decision status: Approved

Is Key decision?: Yes

Is subject to call in?: No


For the Council Shareholder to approve a development business case proposal from Aequus Developments Ltd.


It was RESOLVED that that Cabinet REJECTED the Business Case for the proposed development.


NOTE: As the Cabinet rejected recommendation 2.1 they did not vote on recommendations 2.2 and 2.3 of the report.



Reasons for the decision:

The Cabinet as shareholder did not approve the business case.

Alternative options considered:


Interests and Nature of Interests Declared:

Councillor Charles Gerrish declared an other interest as the Chair of the ADL Board.  Councillor Gerrish said that he would participate in the debate but that he would abstain from voting.

Report author: Tim Richens

Publication date: 12/11/2018

Date of decision: 08/11/2018

Decided at meeting: 08/11/2018 - Cabinet

Accompanying Documents: