Decision
Arkwood Loan Facility Agreement (Key Decision)
Decision Maker: Cabinet
Outcome: Recommendations Approved
Is Key Decision?: Yes
Is Callable In?: Yes
Date of Decision: January 20, 2026
Purpose:
Content: That Cabinet approve: a) the additional £13,591,929 to be added to the Capital programme, making a total capital budget of £25m; b) the variation to the Facility Agreement to accommodate the power to vary the agreement and the extension to the cap on the facility from £12m to £25m; and c) subject to the subsidy control advice, to delegate responsibility to the Portfolio Holder for Strategy, Performance & Finance to amend the Facility Agreement to ensure the agreement remains subsidy control compliant.
Supporting Documents
Related Meeting
Cabinet - Tuesday, 20th January, 2026 6.00 pm on January 20, 2026