The Council’s Financial Standing Orders require the write-off of any debt in excess of £20,000 to be approved by the Cabinet. Given the urgency, the Leader is requested to exercise this function directly.
In order to effect an orderly closure of EKH, the councils need to formally release EKH from its obligations to repay the loans made to it.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 11/09/2020
Decision due: 11 Oct 2020 by Leader of the Council and Cabinet Member for Strategy and Transformation
Lead member: Councillor Rick Everitt, Leader of the Council and Cabinet Member for Strategy and Transformation Cllr-Rick.Everitt@thanet.gov.uk
Lead director: Tim Willis
Contact: Chris Blundell, Director of Corporate Resources & S151 Officer Tel: 01843 577722 Email: chris.blundell@thanet.gov.uk.