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Aequus: Scheme Approval (117 Newbridge Hill)

 

 

18/01/2021 - Aequus: Scheme Approval (117 Newbridge Hill)

The Leader of the Council, as Shareholder of ACL, agreed to:

  1. Approve the redevelopment of 117 Newbridge Hill, Bath into apartments by ACL in line with the Business Case detailed in the report;
  2. Approve the creation of a charge over the site and associated work in progress in favour of the Council;
  3. Agree that ACL may enter into an associated commercial loan agreement with the Council, as detailed in the report.