Decision details

Loan to SLM - report of decision taken by Chief Executive

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

(a)To approve a loan to SLM of the sum set out in the exempt from publication Appendix B to this report, to support the cost of SLM’s payroll costs for furloughed staff for April 2020 only.

 

(b)To approve funding for a further loan of £16,171 in April, £12,391 in May and £10,578 in June 2020 (subject to a monthly review of Government instructions) to support the cost of a core team of staff carrying out essential maintenance of East Herts leisure centres.

 

Report author: Richard Cassidy

Publication date: 02/06/2020

Date of decision: 02/06/2020

Decided at meeting: 02/06/2020 - Executive

Effective from: 13/06/2020

Accompanying Documents: