Proposal to increase the size of the Torbay Council Investment Fund
15/07/2019 - Proposal to increase the size of the Torbay Council Investment Fund
PDF 126 KBThat Cabinet recommends to the Council:
(i) that Council authorise £100 million of additional prudential borrowing to enable the Investment and Regeneration Fund to increase to £300 million; and
(ii) that Council set the investment boundary to the Greater South West peninsula and the Functional Economic Market Area (FEMA), and instruct the Monitoring Officer to make the necessary amendments to the Investment and Regeneration Strategy Policy Framework document.
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- Email: governance.support@torbay.gov.uk
- Tel: 01803 207087
- Fax: 01803 207112
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