Issue - meetings

ABERGAVENNY FOOD FESTIVAL: INTEREST FREE LOAN

Meeting: 14/03/2018 - Individual Cabinet Member Decisions (Item 4.)

4. ABERGAVENNY FOOD FESTIVAL: INTEREST FREE LOAN pdf icon PDF 450 KB

CABINET MEMBER:                        County Councillor Greenland

 

AUTHOR: Cath Fallon (Head of Enterprise and Community Development)

 

CONTACT DETAILS:

Tel: 07557 190969

E-mail:cathfallon@monmouthshire.gov.uk

 

Decision:

That the interest free loan of £25,000 is approved to be repaid over a four year period with an initial repayment holiday until September.

 

That delegated authority be given to the Head of Enterprise and Community Development in conjunction with the Cabinet Member for Enterprise to finalise and agree detailed terms of the underlying loan agreement and consistent with the terms outlined in this report.