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WLWA Capital Contribution update

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Meeting: 16/09/2013 - Executive (Item 15)

15 WLWA Capital Contribution update pdf icon PDF 80 KB

On 15 July 2013 the Executive agreed in principle to a capital contribution of up to £15million to the West London Waste Authority (WLWA) in respect of a waste treatment facility being built, in return for an annual interest payment from the WLWA. This report provides an update on the loan agreement being developed.

Additional documents:

  • cent-wlwa-capital-contribution-update-app-restricted , View reasons restricted (15/2)

Decision:

that the latest position on the WLWA capital contribution update be noted.

Minutes:

On 15 July 2013 the Executive agreed in principle to a capital contribution of up to £15million to the West London Waste Authority (WLWA) in respect of a waste treatment facility being built, in return for an annual interest payment from the WLWA. The report before members provided an update on the loan agreement being developed.

 

The Executive also had before them an appendix to the report which was not for publication as it contained the following category of exempt information as specified in Schedule 12 of the Local Government (Access to Information Act) 1972: 

 

Information relating to the financial or business affairs of any particular person (including the authority holding that information).

 

RESOLVED:

 

that the latest position on the WLWA capital contribution update be noted.


 

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