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CIP Loan Facility

Meeting: 31/03/2025 - Strategy and Resources Scrutiny Committee (Item 8.)

8. CIP Loan Facility pdf icon PDF 157 KB

The following item on the agenda relates to a key decision that has not been included on the Forward Plan for the whole 28-day requirement before the meeting. This is because it wasn’t clear whether contracts and affordable housing agreements for Fanshawe, ATS/Murketts and Newbury Farm would be signed and sealed in time for the March 31st S&R Committee. As it became clear that there was a possibility of sealing all contracts in time, a paper was submitted.

 

With the permission of the Chair of Strategy and Resources Scrutiny Committee the urgency procedure has been invoked to suspend the 28-day requirement so that the item can be considered at Committee, so it is open to scrutiny and debate rather than a decision being made through the out of cycle process.