Printed from https://fyi.org.nz/request/29601-how-are-lgfa-borrowings-secured on December 22, 2024 20:57

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How are LGFA Borrowings “Secured"

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

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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

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From: Mailbox - Information Request
Kapiti Coast District Council

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Kia ora C Gilmore,

 

Thank you for your request received 18 December 2024. Your request is
being managed under the Local Government Official Information and Meetings
Act 1987 (LGOIMA) (the Act). 

 

We will do our best to get a response to you by 10 February 2024, this
being the statutory 20 working days after your request was received. 

 

The response date shown takes into account the Summer holiday shutdown
from 20 December 2024 to 10 January 2025.

 

The reference for your records is OIR 2425-1228.

 

If any additional factors come to light which are relevant to your
request, please do not hesitate to contact us so that these can be
considered. 

 

Please note that any information provided in response to your request may
be published on the Council website, with your personal details removed. 

 

Ngâ mihi

 

 
[1]Kâpiti Coast District Council
 

 

[2]Find us on facebook

 

The material in this email is confidential to the individual or entity
named above, and may be protected by legal privilege. If you are not the
intended recipient please do not copy, use or disclose any information
included in this communication without Kâpiti Coast District Council’s
prior permission.

References

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1. https://www.kapiticoast.govt.nz/
2. https://www.facebook.com/kapiticoastdist...

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