Issue - decisions

Herefordshire County Business Improvement District Advance Request

26/05/2022 - Herefordshire County Business Improvement District Advance Request

That:

a) To approve a short term 0% loan of up to £210,000 in 2022/23 to the Herefordshire County BID Limited, to be paid on commencement of the Operating Agreement and repaid within the financial year through collection of the levy by the council as the billing authority; and
b) To delegate to the Section 151 Officer following consultation with the cabinet member environment and economy all operational decisions in relation to the payment and recovery of the loan.