Decision details
Council Owned Companies' Business
Decision Maker: Executive
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Purpose: To consider various items related to
the business of the Council owned companies, including their
trading position
Decision:
That:
1) the budget monitoring position for the month ending 31 August 2016 be noted;
2) the operational update for the period to 30 September 2016 be noted;
3) the short term loan facility for Optalis Limited of £350k, charged at base rate plus 5.5% be approved.
Wards Affected: None Specific;
Declarations: Councillors Pauline Jorgensen and Anthony Pollock declared personal interests in this item.
Dispensations: None
Reference Number: WBC871
Contact: Email: emma.lyons@wokingham.gov.uk Tel: 07769 957900.
Report author: Emma Lyons
Publication date: 27/10/2016
Date of decision: 27/10/2016
Decided at meeting: 27/10/2016 - Executive
Effective from: 05/11/2016
Accompanying Documents: