RESOLVED:
That:
(1) a £4m revolving investment loan facility be agreed, as set out in Report No: CAB/SE/17/018, for infrastructure and associated works for Suffolk Park; and
(2) subject to the satisfaction of the Section 151 and Monitoring Officers that appropriate security is in place to protect the Council’s investment and due diligence highlighting no significant risks to the Council has been completed, delegated authority be given to the Chief Executive in consultation with the Portfolio Holder for Planning and Growth to enter into a loan agreement(s) with the developer.