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, income 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
- 13/07/2022 - Cabinet Additional loan finance to Oxford West End Developments (OxWED LLP) 13/07/2022