Anticipated reasons for restriction

Provision of loan facility to Kirklees Stadium Development Ltd (KSDL) for investment purposes

By virtue of paragraph(s) 3 of Part 1 of Schedule 12Aof the Local Government Act 1972.

Explanation of Reasons

Reason restricted justification

The Appendix contains information relating to the financial or business affairs of any particular person (including the authority holding that information).

It is considered that it would not be in the public interest to disclose the information contained in the Appendix to the report, as disclosure could potentially adversely compromise the commercial confidentiality of negotiations with third parties, and may disclose the contractual terms, which is considered to outweigh the public interest in disclosing information including, greater accountability, transparency in spending public money and openness in council decision making.