Decision details

The Executive Meeting considered and approved a proposal to provide a 10 year loan at 7% interest for up to £45,000 to Stockport Hydro to assist with the community-owned hydro-electric project at Otterspool weir, to be funded from the Council’s Green Regeneration Fund (the details of the loan were set out under section 3.0 of the report)

None

Shan Alexander declared a Disclosable Pecuniary Interest as her husband was a shareholder and member of the Stockport Hydro Ltd Board. Councillor Alexander left the meeting during consideration of this item and took no part in the discussion or vote.

Kevin Dowling declared a Disclosable Pecuniary Interest as individuals associated with Stockport Hydro Ltd stayed at facilities owned by Councillor Dowling. Councillor Dowling left the meeting during consideration of this item and took no part in the discussion or vote.