Issue - meetings

GM Investment Framework, Conditional Project Approval

Meeting: 29/10/2021 - Greater Manchester Combined Authority (Item 119)

119 Greater Manchester Investment Framework, Conditional Project Approval pdf icon PDF 588 KB

Report of Cllr David Molyneux, Portfolio Leader for Investment and Resources.

Additional documents:

Decision:

1.        That an investment of £1M into the Growth Investment Fund be approved.

 

2.        That authority be delegated to the GMCA Treasurer and GMCA Authority Monitoring Officer to review the due diligence information in respect of the above Fund, and, subject to their satisfactory review and agreement of the due diligence information and the overall detailed commercial terms of investment, to sign off any outstanding conditions, issue final approvals and complete any necessary related documentation in respect of the investment noted above.