Decision details

Loan Arrangements for HTS (Property & Environment) Limited

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

RESOLVED that:

 

A     Cabinet approves the provision of a loan of up to £1.4m to HTS (Property & Environment) Ltd as working capital for the business.

 

B    Authority is delegated to the Chief Executive, in consultation with the Leader of the Council and the Portfolio Holder for Resources, to finalise the detailed negotiation of the facilities agreement between the Council and HTS (Property & Environment) Ltd.

Report author: Simon Freeman

Publication date: 22/07/2016

Date of decision: 21/07/2016

Decided at meeting: 21/07/2016 - Cabinet

Effective from: 29/07/2016

Accompanying Documents: