Issue details
Working Capital Facility for Watford Commercial Services
A business plan for Hart Homes was agreed on 7
November 2016 and delegation give to the Managing Director to
enable a working capital facility to be provided to Watford
Commercial Services (WCS) to facilitate future developments in Hart
Homes.
The working capital facility to WCS of £150,000 is to be made
available, with an interest rate of 3%.
A copy of the draft working capital facility agreement is
attached.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: ; All;
Notice of proposed decision first published: 13/11/2018
Decision due: 9 Nov 2018 by Managing Director
Contact: Joanne Wagstaffe, Shared Director of Finance Email: manny.lewis@watford.gov.uk Email: joanne.wagstaffe@watford.gov.uk.
Decisions