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Decision details

PROVISION OF A BUSINESS LOAN TO BLACKPOOL TEACHING HOSPITALS NHS FOUNDATION TRUST

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

The Executive agreed the recommendations as outlined above namely:

 

  1. To authorise the provision of a £27,100,000 plus fees loan over a 25-year repayment period to the Foundation Trust, on the terms outlined in Paragraph 5.4.

 

  1. To delegate to the Director of Resources the approval of any further detailed terms for the provision of the loan.

 

  1. To authorise the Council’s Deputy Head of Legal Services to draw up and enter into a suitable legal agreement with the Foundation Trust.

 

Publication date: 23/05/2018

Date of decision: 21/05/2018

Decided at meeting: 21/05/2018 - Executive

Effective from: 26/05/2018

Accompanying Documents: