Loan Agreement

North Somerset Council Nid oedd gan y wybodaeth y gofynnwyd amdani.

Dear North Somerset Council,

Please provide the following:

In 2017, the council created a Property Investment Fund, via borrowing of £50M.

Please detail where that borrowing was from and secured on what terms?
Was it PWLB? And if so, what is the loan number or the individual loan numbers (if secured in tranches)

What are the rates secured and repayment structures per loan?

(note: all PWLB data is publically available)

If the 50m quoted figure was secured through private-sector borrowing, please detail which organisation and on what terms?

In total, how much has NSC spent on loan repayments since the 50M facility was arranged?

Yours faithfully,

Pete Simson

North Somerset Council

Information request
Our reference: 2952680

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NOTE: Please do not edit the subject line when replying to this email.
Dear Pete Simson
 
Freedom of Information Act 2000
 
Thank you for your request regarding 'Property Investment Fund', made
under the Freedom of Information Act 2000.
 
Your request has been allocated reference 2952680 and we will respond by
the 20th working day, which is on 28 July 2020.  Please quote this
reference in any correspondence with us relating to this matter.
 
Please note: in light of the current situation, while every effort will be
made to provide you with a response within the legal timeframes, we will
not ask officers to prioritise this request over essential Covid-19
response duties.  We appreciate your understanding in this matter.
 
If you wish to know how we will use your personal data, please read our
privacy notices available at
https://www.n-somerset.gov.uk/privacy-co...
 
Many thanks
 
Sinead Johnson
Information Governance Officer
North Somerset Council
Tel: 01934 634609
Email: [email address]
Web: [1]www.n-somerset.gov.uk

References

Visible links
1. file:///tmp/www.n-somerset.gov.uk

North Somerset Council

1 Atodiad

Information request
Our reference: 2952680

--------------------------------------------------------------------------

 
Dear Pete Simson
 
Thank you for your request for information received on 1 July 2020.
 
Please find attached our response to your request.
 
Many thanks
 
Sinead Johnson
Information Governance Officer
North Somerset Council
Tel: 01934 634609
Email: [email address]
Web: [1]www.n-somerset.gov.uk
 
NOTE: Please do not edit the subject line when replying to this email.

References

Visible links
1. file:///tmp/www.n-somerset.gov.uk