A motion put forward by Bollington councillor Amanda Stott (Ind) states: “Council recognises that aspects of its decision of July 27 to gift a sum of £2.4m to ANSA, were based on incorrect or misleading information and could, therefore, be perceived as unsound.

“In order to provide clarity and assurance to its taxpayers, council now agrees to commute this sum to take the form of a fully repayable loan.”

Cllr Bates has apologised on a number of occasions for telling the council the money was a loan saying: “I have no problem in saying I made a mistake.

“When I was doing my preamble to that motion I made an error and I apologised for that in cabinet, I’ve apologised for that in the press.”

The council’s acting head of legal services, Dan Dickenson, said in August there was no need for a re-vote after the validity of the vote was questioned by a number of councillors.

The special council meeting is taking place today at 11am at Sandbach Town Hall. The meeting is open to the public and will be part of the regular full council meeting.