Issue details

Vicarage Field - Revised Financing Proposal

Further to the decision by Cabinet on 23 January 2018 to loan £35m to Benson Elliot Real Estate Partners to facilitate the redevelopment of the Vicarage Field Shopping Centre site owned by the Council, the Cabinet will be asked to approve revised funding arrangements to progress the scheme.

Decision type: Key

Decision status: Abandoned

Wards affected: Abbey;

Notice of proposed decision first published: 19/02/2018

Anticipated restriction: Fully exempt  - View reasons

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

Issue Category: Financial;

Decision due: 18 Sep 2018 by Cabinet

Lead member: Finance, Growth & Investment Portfolio

Lead director: Chief Operating Officer

Department: Finance & Investment

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