Issue details

The Council will provide a loan of £200,000 to Bazaar Food Hall Ltd. The interest payable on the loan will be at commercial rates

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 28/08/2026

Decision due: 11 Aug 2026 by Corporate Director of Finance, Corporate Director of Regeneration and Housing

Contact: Scott Bonner Email: Scott_Bonner@middlesbrough.gov.uk.

Consultation process

Councillors N Walker and T Furness, as part of the delegated authority.

Delegated Authority relied upon: On 20th December 2023 Executive approved the report “Captain Cook Business Case. The report: 1. delegates authority to the Director of Regeneration and Director of Finance (jointly) to determine the response to any urgent negotiation request with respect to any tenancy on site, where the decision sits outwith the approved scope of the Asset Disposal Policy, subject to consultation with the respective Executive Members

Has an Impact Assessment been completed?: No

Decisions