Issue details

Vicarage Field Financing Proposal

The Cabinet will be asked to consider and approve proposals for a loan to Benson Elliot, who hold a long lease for the Vicarage Field Shopping Centre site which is owned by the Council, on commercial terms for an initial three-year period to facilitate the development project to be led by Benson Elliot.

 

Decision type: Key

Decision status: Approved

Wards affected: Abbey;

Notice of proposed decision first published: 22/12/2017

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
The report and appendices shall contain commercially confidential information.

Issue Category: Financial;

Decision due: 23 Jan 2018 by Cabinet

Lead member: Finance, Growth & Investment Portfolio

Lead director: Chief Operating Officer

Department: Operations

Contact: Andrew Sivess, Head of Assets & Investment Email: andrew.sivess@lbbd.gov.uk Tel: 020 8227 5732.

Decisions

Agenda items