Agenda item

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




(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.