Issue details

Debt Refinancing for Highfields and Penn BSF PFI Schemes

Final confirmation is sought that officers are authorised to execute on behalf of the Council a Deed of Variation to the PFI Project Agreement relating to Highfields School and Penn Fields Special School made between (1) Wolverhampton City Council and (2) Inspiredspaces Wolverhampton (Projectco1) Limited (“the Contractor”) in order to carry out a Debt Refinancing to reduce costs for the Council.

Decision type: Key

Reason Key: Expenditure > £250,000;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 25/04/2017

Anticipated restriction: Fully Exempt  - View reasons

Decision due: 25 Jul 2017 by Cabinet (Resources) Panel

Lead member: Cabinet Member for Jobs, Skills and Education

Lead director: Linda Sanders, Strategic Director, People

Department: People

Contact: Trevor Pringle, Education Advisor – Planning & Commissioning Email: Trevor.Pringle@wolverhampton.gov.uk Tel: 07823522969.

Decisions

Agenda items