Commencement of public and
statutory consultation processes for the permitting application to build a mine at the Curraghinalt deposit (the «Planning Application»).
Having completed the process
of statutory consultation, I am satisfied that the rate should be based on a three year average of real returns on Index Linked Gilts.
The Council has said that once a final location has been agreed the Harris Foundation will conduct
a statutory consultation.
Cabinet councillors voted for
a statutory consultation on the changes at a meeting on Tuesday.
If the cabinet approves the recommendations,
a statutory consultation will run for four weeks from May 10 before an final decision is made on July 10.