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REF PORTFOLIO HOLDER DECISION FORM1197DIRECTORATEDirector of Leisure & Community ServicesSUBJECTTo consider converting the balance of a loan of 14,250 to the Lace Market Theater Trust into a grant.DECISION3a.
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01
Gather all necessary information related to the decision that needs to be made by the portfolio holder.
02
Clearly identify the options available for the portfolio holder to consider.
03
Provide a detailed analysis of each option, including the potential benefits and risks associated with each.
04
Clearly state a recommendation or preferred option for the portfolio holder to consider.
05
Summarize the key points and conclusions in a concise and easy-to-understand manner.
06
Present the decision notice to the portfolio holder for review and approval.

Who needs portfolio holder decision notice?

01
Individuals or organizations seeking approval or guidance from a designated portfolio holder.
02
Project managers presenting proposals for review and decision-making.
03
Stakeholders requiring formal documentation of a decision made by the portfolio holder.
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A portfolio holder decision notice is an official document that records decisions made by a portfolio holder within a local authority or organization, detailing the specifics of the decisions taken.
Portfolio holders, who are typically elected or appointed officials responsible for specific areas of governance or management within a local authority, are required to file a portfolio holder decision notice.
To fill out a portfolio holder decision notice, one must complete a standardized form that includes details such as the decision being made, the reasons for the decision, any alternatives considered, and the date of the decision.
The purpose of a portfolio holder decision notice is to ensure transparency and accountability by formally documenting decisions made by portfolio holders, enabling public scrutiny and record-keeping.
The information that must be reported includes the decision title, details of the decision, the rationale behind it, any legal or financial implications, and the names of those who were consulted.
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