Kingsgate Property Investment Fund - Loan Extension
June 10, 2025 Cabinet (Cabinet collective) Key decision Approved View on council websiteFull council record
Purpose
Request to extend Property
Investment Fund loan for a period of one year.
Background
papers;
Council – 15th November
2017
Decisions 15th-Nov-2017 17.30
Council.pdf
Cabinet 22
January 2019 -
https://democracy.kirklees.gov.uk/documents/s26744/Item%2016%20CAB%20-%2019%20-%20002%20b%20-%20190110%20Kingsgate%20Cabinet%20Cabinet%20report%20public%20rep.pdf
Cabinet 19
January 2021 -
https://democracy.kirklees.gov.uk/documents/g6593/Public%20reports%20pack%2019th-Jan-2021%2015.00%20Cabinet.pdf?T=10
Cabinet 9 July 2024
Decisions 09th-Jul-2024 13.30
Cabinet.pdf
Content
RESOLVED
–
1)
The approval be given to the extension of a loan
from the Property Investment Fund, previously given for the
remodelling of the Kingsgate Centre, for a period of one year until
July 2026, in accordance with the details as set out in the exempt
appendix to this report.
2)
That the Service Director (Legal, Governance and
Commissioning) be given delegated authority to enter into any
documentation required to agree the extension of the Property
Investment Fund loan and to protect the Council’s position as
lender.
Related Meeting
Cabinet - Tuesday 10th June 2025 1.30 pm on June 10, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 10 Jun 2025 |
| Subject to call-in | Yes |