Decision details
Edsential Working Capital Agreement Renewal
Decision Maker: Policy and Resources Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This reports seeks agreement tor renew the
working capital facility that the Council has with Edsential on
similar terms..
Decision:
Resolved – That the Policy and Resources Committee approves the renewal of the interest bearing working capital cashflow agreement of up to £2 million with Edsential for a 5 year term to commence as soon as applicable.
Report author: Peter Molyneux
Publication date: 21/12/2020
Date of decision: 21/12/2020
Decided at meeting: 21/12/2020 - Policy and Resources Committee
Effective from: 06/01/2021
Accompanying Documents: