Issue details

Issue details

Loan finance to Oxford West End Development (OxWED LLP) to support the redevelopment of Oxpens

To seek approval for an in-year budget increase to allow the City Council to lend Oxford West End Developments (OxWED LLP) up to £600,000 to support additional costs associated with the preparation and submission of an Outline Planning Application and site acquisition and promotion works.

 

Decision type: Key

Reason Key: Expenditure or savings of £500,000 or greater;

Decision status: Recommendations Approved

Notice of proposed decision first published: 14/06/2022

Anticipated restriction: Part exempt  -

Decision due: 13 Jul 2022 by Cabinet, Council

Lead member: Deputy Leader (Statutory) - Finance and Asset Management

Lead director: Tom Bridgman

Department: Corporate Property dept

Contact: Jane Winfield, Head of Corporate Property Email: jwinfield@oxford.gov.uk Tel: 01865 252551.

Agenda items