Issue - decisions

Town Centre Loan to lungo Propco Ltd.

02/04/2024 - Town Centre Loan to lungo Propco Ltd.

AGREED: that Cardiff Council offers a town centre loan to Iungo Propco Ltd of £770,000 towards the purchase and redevelopment costs associated with 33-35 West Bute Street, Butetown, subject to pre-conditions set out in the due diligence report at Appendix 1 being satisfied and completion of legal agreement.