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