Members of West Norfolk Council were due to consider calls for an independent inquiry into its financial dealings with the organisation which runs King’s Lynn Innovation Centre (KLIC) at a meeting last night.
The flagship business centre in Nar Ouse Way was handed back to the authority in December after the operators Norfolk and Waveney Enterprise Services (NWES) missed a deadline to repay a £2.75m council loan.
Labour councillor Charles Joyce tabled a motion at last night’s full council meeting.
It stated: “That this council establish an independent inquiry into the partnership of Norfolk and Waveney Enterprise Services, and its subsidiary companies, regarding the award of, administration of and financial relationship with the Borough Council of King’s Lynn and West Norfolk.
“To ensure the impartiality and independence of the inquiry the chair and personnel of such an inquiry be chosen by an outside body, notably the Local Government Association to report back to the full council no later than February 28, 2019.”
In a report to last night’s meeting, Alistair Beales, cabinet member for corporate projects and assets, said the KLIC was within council freehold ownership and an agreement had been reached regarding repayment of interest on the money loaned.
“Efforts continue to conclude arrangements with NWES and ensure the best outcome for the taxpayer and the continued smooth running of the KLIC for the benefit of existing tenants and the many others that use the KLIC building,” his report said.