Crown House Investment Review
Exempt report of Assistant Director Finance
Additional documents:
Decision:
Resolved
(1) As set out in the exempt decisions
(2) As set out in the exempt decisions
Minutes:
The Assistant Director Finance submitted an exempt report which proposed a restructure of the financing of the council’s subsidiary Crown House Banbury Limited and proposes adjusting the interest rate of the loan to ensure that the company can continue to meet its liabilities as they fall due, minimising the likelihood of a significant financial impact to the council.
Resolved
(1) As set out in the exempt Minutes.
(2) As set out in the exempt Minutes.
Reasons
As set out in the exempt Minutes.
Alternative options
As set out in the exempt Minutes.