Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
RESOLVED: Cabinet approved a short term bridging loan facility of up to £20,000 to the Discovery Centre Trust on the terms set out in the report. The loan to be secured by placing a legal charge against the property.
REASON FOR DECISION: To facilitate an orderly transfer of the Discovery Centre to Freebridge Community Housing to ensure the future of this valuable community facility and the restoration of a comprehensive range of community based activities.
Publication date: 12/04/2017
Date of decision: 11/04/2017
Decided at meeting: 11/04/2017 - Cabinet