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It was proposed by Councillor Beatty, seconded
by Councillor Williams and resolved to exclude the public
and press for the following agenda items, in accordance with
paragraph 3 of part 1 of Schedule 12A of the Local Government Act
1972 (as amended) because it was likely to disclose information
relating to the financial or business affairs of any particular
person (including the authority holding that information) and in
all circumstances of the case, the public interest in maintaining
the exemption outweighs the public interest in disclosing the
information because the disclosure to the public would prejudice
the financial position of the authority in being able to undertake
even handed negotiations and finalising acceptable contract
terms.