Agenda item

CARMARTHENSHIRE TRANSFORMATIONAL COMMERCIAL PROPERTY DEVELOPMENT FUND, CARMARTHENSHIRE RURAL ENTERPRISE FUND, TARGETED REGENERATION INVESTMENT PROGRAMME & LLANELLI AND AMMANFORD TOWN CENTRE LOAN SCHEME.

Minutes:

Following the application of the public interest test it was RESOLVED pursuant to the Act referred to in minute no. 4 above not to publicise the content of the report as it contained exempt information relating to the financial or business affairs of any particular person (including the Authority holding that information) (Paragraph 14 of Part 4 of Schedule 12A to the Act).

 

The public interest test in this matter related to the fact that the report contained detailed information about the business and financial affairs and ambitions of the applicants. In this case, the public interest in transparency and accountability is outweighed by the public interest in maintaining confidentiality, as disclosure of this information would be likely to damage the applicants at this stage.

 

The Executive Board Member considered applications for assistance from the Carmarthenshire Rural Enterprise Fund, Carmarthenshire Transformational Commercial Property Development Fund, Targeted Regeneration Investment Programme & Llanelli and Ammanford Town Centre Loan Scheme.

 

RESOLVED that the following applications for assistance from the Carmarthenshire Rural Enterprise Fund, Carmarthenshire Transformational Commercial Property Development Fund, Targeted Regeneration Investment Programme & Llanelli and Ammanford Town Centre Loan Scheme be approved subject to the usual terms and conditions and those specified in the report:

 

Carmarthenshire Rural Enterprise Fund

Applicant

Award

Roman Solutions, Llandovery

£40,000.00

 

Carmarthenshire Transformational Commercial Property Development Fund / Carmarthenshire Rural Enterprise Fund

Applicant

Award

Cambrian Pet Foods, Llangadog

£750,000.00

 

Targeted Regeneration Investment Programme – Property Enhancement Development Grant

Applicant

Award

Stephen Evans [125/127 Station Road, Llanelli]

£202,351.89

Anglers Corner [78 Station Road, Llanelli]

£82,641.38

Keys Property Management Ltd. [6 Wind Street, Ammanford]

£128,000.00

 

Targeted Regeneration Investment Programme – Sustainable Living Grant

Applicant

Award

Mallard Wales Ltd. [2-4 Station Road, Llanelli]

£80,000.00

 

Targeted Regeneration Investment Programme – Llanelli Town Centre Loan

Applicant

Award

Cygnus Holdings (Llanelli) Ltd [8-16 Market Street, Llanelli

£1,400,000.00

 

 

Supporting documents: