Decision details
Transition Extreme - RES/19/458
Decision Maker: City Growth and Resources Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Decisions:
With reference to article 47 of the minute of meeting of the Finance, Policy and Resources Committee of 9 March 2017, the Committee had before it a report by the Director of Resources which provided details in relation to the current financial position of Transition Extreme.
The report recommended:-
that the Committee –
(a) instruct the Chief Officer – Finance to request that Transition Extreme submit a copy of their updated Business Plan by 31 March 2020; and
(b) agree to delegate authority to the Chief Officer – Finance, in consultation with the Convener and the Chief Officer - Governance, to arrange an extension of the guarantee, for the amount outlined in the report, for the period from 1 January 2020.
The Committee resolved:-
to approve the recommendations.
Publication date: 10/12/2019
Date of decision: 05/12/2019
Decided at meeting: 05/12/2019 - City Growth and Resources Committee