Decision

Arkwood Loan Facility Agreement (Key Decision)

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: January 20, 2026

Purpose:

Content: That Cabinet approve:   a)       the additional £13,591,929 to be added to the Capital programme, making a total capital budget of £25m;   b)       the variation to the Facility Agreement to accommodate the power to vary the agreement and the extension to the cap on the facility from £12m to £25m; and   c)        subject to the subsidy control advice, to delegate responsibility to the Portfolio Holder for Strategy, Performance & Finance to amend the Facility Agreement to ensure the agreement remains subsidy control compliant.

Supporting Documents

20.01.26 - Arkwood Facility Agreement.pdf

Related Meeting

Cabinet - Tuesday, 20th January, 2026 6.00 pm on January 20, 2026