Kingsgate Property Investment Fund - Loan Extension

June 10, 2025 Cabinet (Cabinet collective) Key decision Approved View on council website
Full 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

Item 16 CAB - 19 - 002 b - 190110 Kingsgate Cabinet Cabinet report public rep.pdf
250528 Kingsgate cabinet report PUBLIC FINAL SIGNED OFF.pdf

Details

OutcomeRecommendations Approved
Decision date10 Jun 2025
Subject to call-inYes