Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
1. That the GM Housing Investment Loans Fund loans as detailed below, be approved:
BORROWER |
SCHEME |
DISTRICT |
LOAN |
Bricks & Soul Trading Ltd |
Various |
GM wide |
£0.750m |
Newco SPV (an MCR Property Group Company) |
Wharf Road, Altrincham |
Trafford |
£6.397m |
Jubilee Way Estates Ltd |
Bury Magistrates Court |
Bury |
£3.948m |
2. That authority be delegated to the GMCA Treasurer, in consultation with the GMCA Monitoring Officer, to prepare and effect the necessary legal agreements.
Publication date: 29/09/2020
Date of decision: 25/09/2020
Decided at meeting: 25/09/2020 - Greater Manchester Combined Authority
Effective from: 08/10/2020
Accompanying Documents: