Issue details

Amendment of existing loan arrangements to Empower - KEY/29MAY17/02

Cabinet considered the report and RESOLVED to:


1.    Approve the amendment of the terms of the Strategic Partnership with Empower Community Management LLP as set out at paragraph 4.2;


2.    Approve the amendment of the financing agreement with ECS Peterborough 1 LLP;


3.    Approve the Council entering into such further agreements with ECS Peterborough 1 LLP and any other body necessary to facilitate the arrangements set out in this report; and


4.    Delegate to the Corporate Director, Resources and the Director of Governance the ability to finalise matters 1 to 3 above.


Decision type: Key

Reason Key: Significantly affecting two or more electoral wards;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 28/04/2017

Decision due: 10 Jul 2017 by Cabinet Member for Resources

Lead member: Councillor David Seaton, Cabinet Member for Finance

Lead director: Executive Director Corporate Services

Department: Corporate Services

Contact: John Harrison, Corporate Director Resources Tel: 01733 452520; Email: Tel: 01733 452520.

Consultation process

Relevant internal and external stakeholders.


Relevant Scrutiny Committee: Growth, Environment and Resources Scrutiny Committee


Agenda items


  • It is not anticipated that there will be any documents other than the report and relevant appendices to be published.