Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The subject of the decision:
This report sought approval for financing Dalton Bridge.
Alternative options considered:
None.
The reason for the decision:
Cabinet was satisfied that approval of the funding would be essential in the delivery of the project.
THE DECISION:
That Cabinet approves and recommends to Council that a secured loan of up to £1.5m on commercial terms be offered to the businesses comprising the Business Improvement District at Dalton.
Reason Key: Expenditure > £50,000;
Wards Affected: Sowerby and Topcliffe Ward;
Other reasons / organisations consulted
None
Consultees
None
Contact: Dave Goodwin, Executive Director Email: dave.goodwin@hambleton.gov.uk.
Report author: Dave Goodwin
Publication date: 09/07/2015
Date of decision: 07/07/2015
Decided at meeting: 07/07/2015 - Cabinet