Information relating to loans and equity for Doncaster Sheffield Airport
Dear City of Doncaster Council,
Without prejudice to the generality of the foregoing, in particular, the following question under the Freedom of Information Act.
1. It has been frequently mentioned during the consultation period for Doncaster Sheffield Airport, that the £20m loan or equity deal never came off the table in an offer made to Peel.
As a matter of historical public interest, I would like to request the following.
a) Any correspondence or exchange between the parties involved being – Any Peel Group company or representative including directors and majority shareholders, SYMCA and Doncaster Council which amounts to a proposal, Invitation or offer of loan capital, equity, or any financial instrument or covenant which converts to an equity holding, no exclusions of method of delivery.
b) The nature of any proposal and any correspondence which is associated with a refusal by Peel to divulge financial information. Which organisation made the offer and were any conditions, performance or otherwise attached to the offer?
2. During January 2020, a Local Growth Fund Loan of £5.02m. In the same year during September 2020, permission was granted for a year’s extension to September 2022 for the works to be completed.
Could you provide details of the milestone arrears throughout the life cycle of the works?
Additionally, at the time of the consultation in 2022, what works had been completed versus the milestone including an estimate in percentage of the works completed on the terminal at Doncaster Sheffield Airport?
Yours faithfully,
Wai M Yau
Hi Wai
Re: Request for information under the Freedom of Information Act 2000
Thank you for your request for information.
I can confirm your request has been passed to the relevant department who will endeavour to search for any information held and provide you with a response as soon as is possible. This will be within 20 working days and in any case by the 28th February 2024
Yours sincerely,
Sophie
Sophie Ormshaw
Information Governance Officer
Information Governance Team
Corporate Resources
City of Doncaster Council
Civic Office (Floor 2)
Waterdale
Doncaster
DN1 3BU
Phone: 01302 735326
E-mail: [email address]
Web: http://www.doncaster.gov.uk/
Please treat the content of this e-mail as confidential. If you have received this e-mail and it is not addressed to you please accept my apologies and inform me as soon as possible.
Dear Wai,
Thank you for your Freedom of Information request dated 31 January 2024 for information about loans and equity for Doncaster Sheffield Airport. Please find below City of Doncaster Council’s responses to the questions you have raised.
1) Any correspondence or exchange between the parties involved being – Any Peel Group company or representative including directors and majority shareholders, SYMCA and Doncaster Council which amounts to a proposal, Invitation or offer of loan capital, equity, or any financial instrument or covenant which converts to an equity holding, no exclusions of method of delivery.
Response: This information is not held by City of Doncaster Council.
2) The nature of any proposal and any correspondence which is associated with a refusal by Peel to divulge financial information. Which organisation made the offer and were any conditions, performance or otherwise attached to the offer?
Response: This information is not held by City of Doncaster Council.
3) During January 2020, a Local Growth Fund Loan of £5.02m. In the same year during September 2020, permission was granted for a year’s extension to September 2022 for the works to be completed.
Could you provide details of the milestone arrears throughout the life cycle of the works?
Response: This information is not held by City of Doncaster Council, we would advise this is directed to SYMCA who are accountable for LGF.
4) Additionally, at the time of the consultation in 2022, what works had been completed versus the milestone including an estimate in percentage of the works completed on the terminal at Doncaster Sheffield Airport?
Response: This information is not held by City of Doncaster Council, we would advise this is directed to Peel.
I hope that this information is useful to you.
The City of Doncaster Council estimates that it has cost £46 to respond to this request for information.
Reviewing any decisions made:
If you are not happy with this reply you can ask us to review our response. To do this write to us within 40 working days of receiving your response at the address below or email [email address]
If you do not agree with the review decision you can apply to the Information Commissioner’s Office (ICO) for a decision about our compliance or otherwise with the Freedom of Information legislation. Contact details for the ICO are: Information Commissioner’s Office, Wycliffe House, Water Lane, Wilmslow, Cheshire, SK9 5AF. www.ico.org.uk Telephone 0303 123 1113.
Ellen Dook
Information Governance Officer
Corporate Resources
City of Doncaster Council
Address Civic Office, Waterdale, Doncaster, DN1 3BU
Website www.doncaster.gov.uk
We work to defend the right to FOI for everyone
Help us protect your right to hold public authorities to account. Donate and support our work.
Donate Now