Change to Loan Terms and Conditions to Barking & Dagenham Trading Partnership Ltd

September 17, 2024 Cabinet (Cabinet collective) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to extend the £5.0m loan to Barking & Dagenham Trading Partnerships Ltd to March 31, 2025, maintaining the same terms as the previous agreement.

Full council record
Purpose

The Cabinet will be asked to approve an
extension of the loan to BDTP and to agree an interest free
period.

Content

Cabinet resolved to agree the extension
of the current loan of £5.0m to Barking & Dagenham
Trading Partnerships Ltd, from the current repayment date of 31
July 2024 to 31 March 2025 based on the same terms as the previous
agreement.

Supporting Documents

8 BDTP Loan Extension Report.pdf

Details

OutcomeApproved
Decision date17 Sep 2024
Subject to call-inYes