Full Details of how LGFA Loans are secured
C Gilmore made this Official Information request to Christchurch City Council
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From: C Gilmore
From: C Gilmore
3 December 2024
Dear Christchurch City 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 Christchurch City 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 Christchurch City Council borrowing to date)
Yours faithfully,
C Gilmore
From: Official Information
Christchurch City Council
Tēnā koe C Gilmore,
Thank you for your request for information.
We are handling your request under the Local Government Official
Information and Meetings Act 1987 (LGOIMA). We have forwarded it to the
appropriate Christchurch City Council staff, and we will provide a
response or update within 20 working days of the date we received your
request. Please note that the period between 20 December 2022 and 10
January 2024 do not count as working days. This timeframe will be taken
into account in our response, with a decision provided by 22 January 2025.
If we are unable to respond to your request by then, we will notify you of
an extension of that timeframe.
If you have any queries, please feel free to contact me using the
reference 1255194. If any additional factors come to light which are
relevant to your request, please do not hesitate to contact me so that
these can be taken into account.
If you have not had a reply within 10 working days, please email
[1][Christchurch City Council request email]
Nāku noa iti, nā
Jess Griffin
Official Information Advisor
Te Ratonga Ture me te Manapori - Legal & Democratic Services
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