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.