BUSINESS LOAN TO DAMEXA INVESTMENTS LIMITED
February 6, 2026 Leader of the Council and Cabinet Member for Tourism, Arts and Culture (Cabinet member) Approved View on council websiteThis 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
...authorised the provision of a secure loan to DAMEXA Investments Limited, with the Head of Legal Services instructed to finalise the necessary legal documentation.
Full council record
Purpose
To seek approval of a loan to
DAMEXA Investments Limited.
Decision
The Leader of the
Council agreed the recommendation as outlined above
namely:
1.
To authorise the provision of a secure loan to
DAMEXA Investments Limited (“DAMEXA”) the Blackpool
Council Business Loans Fund, for the amount and subject to terms
set out in Appendix A.
2.
To authorise the Head of Legal Services to enter
into all required legal documentation in connection with the loan
agreement.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 6 Feb 2026 |
| Subject to call-in | Yes |