Issue details

Herefordshire County Business Improvement District Loan Extension

 

 

To extend the Herefordshire County Business Improvement District (BID) advance loan by £70,000 to total £280,000 to provide critical cash flow support until levy demand notices can be issued to relevant businesses and income received, and to revise the repayment period for the original loan.

Decision type: Non-key

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 15/03/2023

Decision due: 28 March 2023 by Cabinet member finance, corporate services and planning

Lead member: Cabinet member finance, corporate services and planning

Lead director: Corporate Director – Economy & Environment

Department: Economy and Environment

Contact: Roger Allonby, Service Director Economy and Growth Email: Roger.Allonby@herefordshire.gov.uk Tel: 01432 260330.

Decisions

Documents