(1) That the potential financial benefits from refinancing the senior debt funding within the Excellent Homes for Life PFI project, be noted.
(2) That authority be delegated to the Director of Resources to agree the terms of any refinance, and the Assistant Director (Legal and Governance), to enter into any documentation required to secure this, on the basis that the negotiated terms demonstrate a financial benefit to the Council and do not amend the current balance of risk between the parties.