To seek the agreement of the Leader of the Council in consultation with the Director of Legal and Governance and the s151 Officer, as delegated under the September 2019 Cabinet decision, to approve that prt of the Business Plan relating to a state aid compliant and provision of equity to the Company to develop 120 units at Quarles Campus, Harold Hill and further to this, to acquire a further 20 units (within the 120 units) for its PRS portfolio, subject to the appropriate due diligence for such a loan and injection of equity being carried out.
Decision type: Key
Reason Key: Expenditure > £500,000;
Decision status: Recommendations Approved (subject to call-in)
Notice of proposed decision first published: 08/04/2021
Anticipated restriction: Part exempt - View reasons
Contact: Garry Green, Property Strategy Manager Email: email@example.com Tel: 01708 432566.
Theme Board, oneSource Business Partners and Board Members of Mercury Land Holdings Ltd.