Decision Maker: Greater Manchester Combined Authority
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
1. That the GM Housing Investment Loans Fund loan detailed in the table below, as detailed further in this and the accompanying Part B report be approved:
BORROWER |
SCHEME |
DISTRICT |
LOAN |
Blueoak Estates (Manchester) Ltd |
Alexander House |
Trafford |
£11.289m |
AH2 Gee Cross Ltd |
Rowbotham Street |
Tameside |
£3.402m |
FSG Bolton Moor Lane Developments (One) Ltd |
Moor Lane |
Bolton |
£3.314m |
Manchester New Square Limited Partnership |
Manchester New Square |
Manchester |
£26.700m |
2. That authority be delegated to the GMCA Treasurer acting in conjunction with the GMCA Monitoring Officer to prepare and effect the necessary legal agreements.
3. That the GM Housing Investment Loans Fund loan detailed in the table below, which has been approved by the GMCA Chief Executive acting in consultation with the Portfolio Leader for Place Based Regeneration & Housing under the delegation set out in the GMCA Constitution Part 3 Section F paragraph 3.17 to approve an increase of less than 10% on a GM Housing Investment Loans Fund loan previously approved by the Combined Authority be noted.
BORROWER |
SCHEME |
DISTRICT |
LOAN |
Splash Developments Ltd |
Medlock Road |
Oldham |
£1.670m |
Publication date: 03/10/2022
Date of decision: 30/09/2022
Decided at meeting: 30/09/2022 - Greater Manchester Combined Authority
Accompanying Documents: