Issue - decisions
LANCASHIRE COUNTY CRICKET CLUB REDEVELOPMENT - LOAN ASSISTANCE
26/03/2015 - OLD TRAFFORD LODGE HOTEL REDEVELOPMENT ASSISTANCE
1. That approval be given to a loan of £4m to Lancashire County Cricket Club for its planned redevelopment.
2. That authority be delegated to the Director of Legal and Democratic Services in conjunction with the Deputy Chief Executive and Director of Finance to agree and complete all documentation.
3. That Council be requested to approve:
- the addition of £4m to the Capital Programme in 2015/17 by way of prudential borrowing;
- the updated prudential indicators as detailed in Appendix 1 to the report.
4. That this decision be deemed to be urgent and therefore not subject to call-in.
