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Issue details

Amendment to Loan Facility - KEY/02APRIL18/02

The Cabinet Member:

 

  1. Approved the amendment of the terms of the Strategic Partnership with Empower Community Management LLP, by extending the term of the existing loan facility for a further 2 months to expire on 30 September on the terms set out below
  2. Approved the amendment of the financing agreement with ECS Peterborough 1 LLP
  3. Approved 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.

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

 

Decision type: Key

Reason Key: Expenditure or savings greater than £500,000;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 02/03/2018

Decision due: Not before 20th Jul 2018 by Cabinet Member for Resources

Lead member: Cabinet Member for Resources

Lead director: Acting Corporate Director Resources

Department: Resources

Contact: Peter Carpenter, Acting Corporate Director Resources Tel: 01733 384564 Email: peter.carpenter@peterborough.gov.uk Email: peter.carpenter@peterborough.gov.uk Tel: 07920 160122.

Relevant Scrutiny Committee: Growth, Environment and Resources

Decisions

Documents