To seek agreement to extend the
date by which the loan facility between Bracewell Homes and North Yorkshire
Council, originally granted on 15/04/2021, should be repaid to the 31 March
2036.
To note there are no other proposed changes to the loan – the value and
interest rate to remain as previously approved.
The report providing further information on this decision is included in the
agenda pack for the item on the Performance Monitoring and Budget Report which
will be considered by Executive at their meeting on 17th February 2026.
This decision was included in the Forward Plan entry for the Performance Monitoring and Budget Report that is going to Executive on 17th February 2026. For the purposes of openness and transparency this decision is being included as a separate entry on the Forward Plan but not subject to urgency.
Decision type: Key
Reason Key: Expenditure/savings > £500,000 & Affects more than one division;
Decision status: Recommendations Approved
Notice of proposed decision first published: 28/01/2026
Decision due: 17 Feb 2026 by Executive
Lead member: Executive Member for Culture, Arts & Housing
Lead director: Corporate Director of Community Development
Contact: Emily Brayshaw Email: emily.brayshaw@northyorks.gov.uk Email: emily.brayshaw@northyorks.gov.uk.
Consultation process
Briefings
Bracewell Board discussion
Consultees
Bracewell Homes Board
Corporate Director Resources
Assistant Director, Resources