Council funding £14 million for the i360 tower.
Dear Brighton and Hove City Council,
Please supply all E-Mails, letters, and documents concerning the decision of the council to "loan" £14 million to the developer of the 360itower.
What opinions have been sought, or obtained, to establish the extent of the risk involved with the repayment of this amount in full? Has any doubt been expressed about the ability of the concern to repay this in full?
Has an opinion been sought as to the legality of public money being used for this purpose?
What are the terms of the "loan"? Are these of a commercial nature?
Are there any relationships, or associations, between councillors, or employees, of the council of whatever nature and the concern, or people, who are involved in this project?
Yours faithfully,
James Plant.
Thank you for your request for information and I confirm we shall respond no later than 22 June 2012.
Wendy Kassamani
Information Compliance Officer
Tel: 01273 296636
Regarding your request for information under the Freedom of Information
Act 2000: Ref: foi/568/12
““Please supply all E-Mails, letters, and documents concerning the
decision of the council to "loan" £14 million to the developer of
the 360itower.
What opinions have been sought, or obtained, to establish the
extent of the risk involved with the repayment of this amount in
full? Has any doubt been expressed about the ability of the concern
to repay this in full?
Has an opinion been sought as to the legality of public money being
used for this purpose?
What are the terms of the "loan"? Are these of a commercial nature?
Are there any relationships, or associations, between councillors,
or employees, of the council of whatever nature and the concern, or
people, who are involved in this project?”
Please find set out below the information in response to the above
request:
1. The council has not yet made a decision to loan £14m to Brighton i360
but Cabinet agreed on enter into negotiations with Brighton i360 on
the terms of a commercial loan for a final decision by Policy &
Resources Committee on 12 July 2012.
2. That all relevant information was included in the report to Cabinet on
10 May and the full report is available on the council’s website.
3. There are no relationships or associations between council officers /
members and the Brighton i360 team.
Should you have any queries concerning this request please contact me,
remembering to quote the reference number shown above.
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Freedom of Information Appeals
Brighton & Hove City Council
ICT Room lst Floor
Hove Town Hall
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Hove BN3 4AH
[1][email address]
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Cheshire SK9 5AF
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If you have any queries regarding this process, please contact me via the
contact details below.
Wendy Kassamani
Information Compliance Officer
Brighton & Hove City Council
Hove Town Hall
Norton Road
Hove, BN3 4AH
[4][email address]
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A.E. left an annotation ()
I notice they haven't answered any of this part of the request or supplied any documents as requested:
"Please supply all E-Mails, letters, and documents concerning the
decision of the council to "loan" £14 million to the developer of
the 360itower.
What opinions have been sought, or obtained, to establish the
extent of the risk involved with the repayment of this amount in
full? Has any doubt been expressed about the ability of the concern
to repay this in full?
Has an opinion been sought as to the legality of public money being
used for this purpose?"