Issue - decisions

The Cabinet has considered proposals for a new loan facility for fleet at Totally Local Company Ltd (TLC). This new loan, along with consideration of leasing will enable the Environmental Services Strategy which is currently being devised, and has:-

(1) Approved the provision of a loan facility to TLC to implement the Environmental Services Strategy with the terms of individual tranches, together with a financial appraisal, delegated to the Assistant Director, Finance/Deputy S151 Officer in consultation with the Cabinet Member for Finance & Resources.

(2) Delegated extensions to the value of the facility to the Assistant Director, Finance/Deputy S151 Officer in consultation with the Cabinet Member for Finance & Resources.

(NOTE: An appendix to this report contains information ‘Not for Publication’ that has been circulated to members of the Cabinet only).