URL: https://democracy.bathnes.gov.uk/ieDecisionDetails.aspx?ID=2406

Decision Maker: Council Leader

Outcome: Approved

Is Key Decision?: No

Is Callable In?: No

Purpose: Aequus Shareholder’s agreement to the creation of a charge security or encumbrance in respect of the Obligor responsibilities and the share charge/debenture in respect of the Development Facility.

Content: Aequus Shareholder’s agreement to the creation of a charge security or encumbrance in respect of the Obligor responsibilities and the share charge/debenture in respect of the Development Facility. To amend the Aequus “Facility Agreement” to allow Aequus Bath Quays Regeneration LLP to access the funding. The LLP was created with the intention to regenerate the Bath Quays site, and its primary purpose therefore relates to its strategic and socio-economic responsibilities.  Access to the funding that this decision would permit will further that purpose. None.

Date of Decision: March 10, 2026