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Consideration was given to
recommendation FRP 23/21 of the Finance, Regeneration and Property
Scrutiny Select Committee of 25 July 2023.
 
In order to ensure
that the Strategy was as accurate and comprehensive as possible it
was important that external scrutiny was undertaken in advance of
formal adoption. The views of key economic partners, including the
West Kent Partnership, local business support providers, business
representative bodies, such as the Chamber of Commerce and
Federation of Small Businesses, as well as individual and local
businesses in the Borough would be sought as part of a four week
consultation period starting in September 2023.
 
Careful
consideration was given to the legal, financial and value for money
implications and Cabinet supported the framework for consultation
and adoption detailed in the report to the Scrutiny Select
Committee.
 

RESOLVED:  That
 
(1)            
the report be noted; and

 
(2)            
the consultation draft of the Economic Development Strategy
2023/27, as set out in Appendix 1, be approved; and
 
(3)            
a four week consultation with key economic partners (as identified
above) commence as soon as possible.