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Freedom of Information request
Our reference: 11579065

══════════════════════════════════════════════════════════════════════════

Dear Rob Heale
 
Freedom of Information Act 2000
 
Thank you for your request for information to Brighton & Hove City Council
('the council') that was received on 30 August 2022. Your Information
Request has been logged as;
 
Dear Brighton and Hove City Council,
The i360 are due to pay Brighton and Hove City Council for the Capital and
Interest owing on the loan made to them in 2014/15. This follows the Legal
Agreement made by the Council with i360Ltd to make repayments every 6
Months for the original Loan of £36.2MILLION in addition to the added
£4MILLION from the Loan transferred from Coast to Capital (L.E.P.). Please
answer the following questions under the Freedom Of Information Act so
that the Citizens of the City know the financial situation.
1. What is the CUMULATIVE "DEFERRED" AMOUNT owed to the Council by i360Ltd
at December 2021 AND June 30th 2022 (With and without the added
£4MILLION).
2. What payments are currently being made to the Public Works Loans Board
(P.W.L.B.) as a result of the Loan Agreement between i360Ltd and Brighton
and Hove City Council for:-
-2021 (JUNE 30TH AND DECEMBER 31ST)
-2022 (JUNE 30TH)
Please give these response in a clear and user-friendly format, in columns
such as basic Excel.
Thanking you in anticipation.
 
We are considering your request under the Freedom of Information Act 2000
. Our external website has information relating to this that you may find
useful. The link is below
 
[1]Freedom of Information
 
We aim to send a response to all requests for information within 20
working days of receipt. We plan to respond to your request by 27
September 2022. If we need more time, we'll let you know the extended due
date. We'll also contact you should we require any additional information
in relation to your request.
 
Please include your case reference 11579065 on all correspondence in
relation to this request.
 

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Yours sincerely
 
 
Information Rights Team 
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Freedom of Information request
Our reference: 11579065

══════════════════════════════════════════════════════════════════════════

Dear Rob Heale
 
Thank you for your request for information received on 30 August 2022.
 
Please find attached our response to your request. 
 
Should you wish to contact us again regarding this request, please do not
edit the subject line when replying to this email. If you change this it
will take us longer to identify the request that you are corresponding
about and will delay us in responding to you.
 
Yours sincerely
 
 
Information Rights Team
 
Notice to recipient: The information contained in this electronic mail
message is intended only for the use of the individual to whom it is
addressed and may contain information which is privileged and
confidential, the disclosure of which is prohibited by law.   If the
reader of this message is not the intended recipient, please note that any
dissemination, distribution or copying of this communication is strictly
prohibited. If you have received this communication in error please notify
the sender immediately.   Thank you in anticipation of your co-operation.
  You can visit our website at http://www.brighton-hove.gov.uk   Please
consider the environment, only print out this email if absolutely
necessary.   Please Note:  Both incoming and outgoing Emails may be
monitored and/or recorded in line with current legislation