Earls Court Exhibition Centre site loans

Meeting: 
MQT on 2017-06-22
Session date: 
June 22, 2017
Reference: 
2017/2225
Question By: 
Siân Berry
Organisation: 
City Hall Greens
Asked Of: 
The Mayor
Category: 

Question

In which years is the Transport for London (TfL) and Capco partnership due to make repayments for the Homes and Communities Agency (HCA) loan in respect of infrastructure for the Earls Court Exhibition Centre site, and what is the amount of these repayments in each of the relevant years?

Answer

Answer for Earls Court Exhibition Centre site loans

Answer for Earls Court Exhibition Centre site loans

Answered By: 
The Mayor

The Earls Court Partnership Ltd (ECPL) agreed a loan with the Homes and Community Agency in March 2016 for a term of 10 years. This does not need to be repaid until the end of the loan in March 2026 but can be repaid earlier if the ECPL wish to do so.