To give effect to the Executive’s previous ‘in principle’ decision. The airport transformation programme that the loans are supporting should enable the future anticipated dividend rates to be paid. Without the capital investment there is a very real risk that the level of dividend payable will reduce considerably in future years. In 2017/18 £2.60m of airport dividend is supporting the revenue budget
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 11/07/2018
Decision due: 4 Jul 2018 by Chief Executive
Lead director: Chief Executive
Contact: Jill Colbert, Acting Chief Executive Email: jill.colbert@trafford.gov.uk.