Issue details

Amendment of the term of the £15m loan facility with Propiteer Hotels Ltd and its subsidiary Fletton Quays Hotels Ltd – KEY/13MAR23/02

Approval to the extension of the loan facility

Decision type: Key

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

Decision status: Recommendations Approved

Wards affected: Fletton and Stanground;

Notice of proposed decision first published: 10/02/2023

Anticipated restriction: Part exempt  - View reasons

Decision due: 13 Mar 2023 by Cabinet

Lead member: Leader of the Council

Lead director: Executive Director Corporate Services

Department: Corporate Services

Contact: Simon Lewis, Service Director Commercial, Property & Asset Management.

Relevant Scrutiny Committee: Growth, Resources and Communities Scrutiny Committee

Decisions

Agenda items