Issue details

Key Decision - Financing Arrangements

Decision type: Key

Decision status: For Determination

Notice of proposed decision first published: 21/10/2019

This decision will be taken under urgency procedures.

Reason for urgency:
The meeting is urgent and the business cannot be deferred because one of our group companies requires alternative funding arrangements prior to the end of the month therefore it is not possible to wait until the next Executive Board meeting. The Council is required to notify third parties of our intention to secure alternative financing arrangements by the end of 22nd October.

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
It is not in the public interest to disclose this information because it would prejudice the council’s position in negotiations.

Decision due: 22 Oct 2019 by Executive Board

Lead member: Leader of the Council

Lead director: Strategic Director for Finance

Department: Strategy and Resources

Contact: Laura Pattman Email: