Issue - meetings
Notification of an Urgent Executive Decision - Short term funding facility required to SSDC Opium Power Ltd to accommodate VAT cashflow during VAT reclaim period
Meeting: 10/01/2019 - District Executive (Item 102)
PDF 76 KBDecision:
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RESOLVED: |
That the District Executive noted urgent executive decision made by the Chief Executive in consultation with the Council Leader and Portfolio Holder for Property, Climate Change and Income Generation to use short term funding facility required to SSDC Opium Power Ltd to accommodate VAT cashflow during VAT reclaim period. This decision was taken under Part 3, Section 6 (4) of the Council’s constitution. |
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Reason: |
To note the urgent executive decision made by the Chief Executive in consultation with the Council Leader and Portfolio Holder for Property, Climate Change and Income Generationunder Part 3, Section 6 (4) of the Council’s constitution. |
Minutes:
With the agreement of the Committee, this item was discussed at the beginning of the meeting to allow a member of the public to speak (see comments made under Public Question Time).
There was no debate on the report by Members and the urgent decision taken was noted.
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RESOLVED: |
That the District Executive noted urgent executive decision made by the Chief Executive in consultation with the Council Leader and Portfolio Holder for Property, Climate Change and Income Generation to use short term funding facility required to SSDC Opium Power Ltd to accommodate VAT cashflow during VAT reclaim period. This decision was taken under Part 3, Section 6 (4) of the Council’s constitution. |
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Reason: |
To note the urgent executive decision made by the Chief Executive in consultation with the Council Leader and Portfolio Holder for Property, Climate Change and Income Generationunder Part 3, Section 6 (4) of the Council’s constitution. |
