Purpose

The report recommends approval of a further
advance to the Royal Pavilion Museums Trust in line with the loan
agreement dated 30 September 2020 between Brighton and Hove City
Council and the Trust.

Content

1)            
Cabinet approve the
drawdown of a £1 million cashflow loan to RPMT in line with
the loan agreement dated 30th September 2020 and agrees the loan
repayment schedule included at paragraph 3.9.