Decision details

Treasury Management - Forward Borrowing Option (Cab.29.11.2017/16)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes




(i)        that the Treasury Management forward borrowing options and deal, as outlined in Section 5 of the report now submitted, be approved;


(ii)       that the Executive Director Core Services and the Service Director Finance, or their authorised representatives, be authorised to finalise the terms of the Project Documents and any ancillary documents to ensure that financial close is reached on behalf of the Council;


(iii)      that the holding of legal documents in escrow be noted and approved; and


(iv)      that further updates be received where necessary.

Report author: Ian Rooth

Publication date: 06/12/2017

Date of decision: 29/11/2017

Decided at meeting: 29/11/2017 - Cabinet

Effective from: 06/12/2017

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