Issue - meetings

REQUEST FOR AMENDMENT TO CASH FLOW LOAN BY MULL & IONA COMMUNITY TRUST

Meeting: 13/12/2018 - Policy and Resources Committee (Item 17)

17 REQUEST FOR AMENDMENT TO CASH FLOW LOAN BY MULL & IONA COMMUNITY TRUST pdf icon PDF 106 KB

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Additional documents:

Minutes:

Consideration was given to a report which set out a request received from Mull and Iona Community Trust for a cash flow support loan in relation to a storage and business unit facility at Ardmore on the outskirts of Tobermory, Mull.  The request related to an amendment to a previous cash flow support loan sought by the Mull and Iona Community Trust for the same project but which covered a different time period.

 

Decision

 

The Policy and Resources Committee approved the request for a cash flow loan of £100,000 over the amended time period and that it be processed through the existing delegated controls.

 

(Reference:  Report by Executive Director – Development and Infrastructure Services dated December 2018, submitted)

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