Debt Write Off of £100k, reducing the loan previously made to the Herefordshire County Business Improvement District

May 14, 2025 Director of Finance (Officer) 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

...£100,000 of a loan to the Herefordshire County Business Improvement District was written off, funded from the Hereford Enterprise Zone Business Rates Reserve.

Full council record

Decision

To write off £100k of a £210k loan
from the council to the Herefordshire County Business Improvement
District (DBID) limited by guarantee company, to be funded from the
Hereford Enterprise Zone Business Rates Reserve.

Supporting Documents

DBID Loan reduction.docx.pdf

Details

OutcomeRecommendations Approved
Decision date14 May 2025