Decision - Agreement of loan agreements for 75 North Street and approval to release funding to Mercury Land Holdings Limited

Decision details

Agreement of loan agreements for 75 North Street and approval to release funding to Mercury Land Holdings Limited

Decision Maker: Statutory Section 151 Officer Finance

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Leader of the Council will be asked to agree that the negotiation and finalisation of the loan agreements, provided they are broadly consistent with the Heads of Terms, and the decision to release funding subject to satisfactory financial due diligence,  be delegated to the Section 151 officer in consultation with the Director of Legal and Governance.

 

Publication date: 22/03/2018

Date of decision: 22/03/2018

Effective from: 29/03/2018

Accompanying Documents: