How are LGFA Borrowings “Secured"

C Gilmore made this Official Information request to Kapiti Coast District Council

Currently waiting for a response from Kapiti Coast District Council, they must respond promptly and normally no later than (details and exceptions).

From: C Gilmore

Dear Kapiti Coast District Council,

Official Information Request

Please supply the following information under the Local Government Official Information and Meetings Act Request

As per the Amendment and Restatement Deed (Guarantee and Indemnity ) between the Kapiti Coast District Council and TEL Security Trustee( LGFA) Limited referencing page 36 :

"security" includes a guarantee or indemnity, a security interest (as construed and defined in the Personal Property Securities Act 1999), mortgage, lien, pledge, any interest in land of a security nature, any other security arrangement creating in effect security for the payment of a monetary obligation or the observance of any other obligation, and any other arrangement having like economic effect over any property, assets or revenues.

Please provide full details of the securities referred to above( secured against the Kapiti Coast District Council borrowings to date)

Yours faithfully,

C Gilmore

Link to this

Things to do with this request

Anyone:
Kapiti Coast District Council only: