Issue - meetings

Third Party Loan

Meeting: 05/02/2020 - Cabinet (Item 40)

Third Party Loan

Decision:

Cabinet is recommended to Full Council:

 

(a)        The approval of an investment of up to the sum stated in the confidential report by way of a 3rd party loan, on the basis of the terms referred to in the exemptreport.

 

(b)        The requirement for a legal agreement between South Cambridgeshire District Council and the third party as set out in the exempt report.

 

Minutes:

Cabinet recommended to Full Council:

 

(a)          The approval of an investment of up to the sum stated in the confidential report by way of a 3rd party loan, on the basis of the terms referred to in the exemptreport.

 

(b)          The requirement for a legal agreement between South Cambridgeshire District Council and the third party as set out in the exempt report.