Decision
Analysis
outcome: The release of the remaining loan of £0.4m to Rykneld Homes was approved.
summary: The decision involves approving the release of a £0.4m loan to Rykneld Homes Ltd for refurbishment works at Hallowes Court, Dronfield.
topline: The Cabinet has decided to approve the release of a £0.4m loan to Rykneld Homes Ltd for refurbishment works at Hallowes Court.
reason_contentious: This issue is not particularly contentious as it involves necessary refurbishment works for building safety and consumer standards.
affected_stakeholders: ["Rykneld Homes Ltd", "Tenants at Hallowes Court"]
contentiousness_score: 2
political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.
URL: https://democracy.ne-derbyshire.gov.uk/ieDecisionDetails.aspx?ID=1177
Decision Maker: Cabinet
Outcome: Recommendations Approved
Is Key Decision?: Yes
Is Callable In?: Yes
Purpose:
Content: Cabinet considered a report which sought approval for the release of the remainder of the approved loan (£0.4m) to Rykneld Homes Ltd for refurbishment works at Hallowes Court, Dronfield. RESOLVED that the release of the remaining loan of £0.4m to Rykneld Homes be approved. REASONS FOR DECISION Release of the remaining loan would allow Rykneld Homes Limited to carry out the required investment in their assets, improving the homes for tenants who live at Hallowes Court. OTHER OPTIONS CONSIDERED AND REJECTED To not release the loan. This was not recommended as the works needed to be carried out to maintain building safety consumer standards.
Date of Decision: May 15, 2025