Issue details
To provide a loan to SLM of £225k to support the refurbishment of the leisure centres during 2019-2020 financial year
In January 2019 leadership team were provided with a financial breakdown of the capital borrowing and the repayment plan with 5% interest on the original loan amount over the 14 year term.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: ;
Notice of proposed decision first published: 26/02/2019
Decision due: 25 Mar 2019 by Mayor Taylor - Portfolio Hooder
Department: Community and Environmental Services
Contact: Chris Fennell, Head of Leisure and Environmental Services 01923 278317 Email: chris.fennell@watford.gov.uk.
Decisions
- 03/04/2019 - To provide a loan to SLM of £225k to support the refurbishment of the leisure centres during 2019-2020 financial year
Documents
- Financial repayment profile of the capital borrowing - SLM/Everyone Active