Issue - meetings

PROPERTY APPRECIATION LOAN SCHEME - CALCULATING THE REDEMPTION VALUE ON SETTLEMENT

Meeting: 11/09/2019 - Individual Cabinet Member Decisions (Item 3.)

3. PROPERTY APPRECIATION LOAN SCHEME - CALCULATING THE REDEMPTION VALUE ON SETTLEMENT pdf icon PDF 355 KB

CABINET MEMBER:                        County Councillor RJW Greenland

 

AUTHOR: Sarah Turvey-Barber, Strategy & Sustainable Living Manager 

 

CONTACT DETAILS:

Tel: 01633 644799

E-mail: sarahturvey-barber@monmouthshire.gov.uk

 

Decision:

 To approve the use of Option 1 as the method for calculating redemption values on settlement of Property Appreciation Loans:

 

To review and evaluate individual redemption values on an on-going basis to ensure the Council delivers a fair and equitable scheme and review the method for calculating redemption values if deemed necessary.