This report seeks approval under delegated
authority for the award of a loan agreement to LCR Music Company
Ltd for the value of £55,000.
The business will use the loan for the refurbishment and fit out of
premises to operate one large, fully equipped studio/event space,
two project/writing rooms and a smaller studio for hire.
OIF will be used specifically for soundproofing and
acoustic-treatment, building and building contractor costs, air
conditioning units, music / event production equipment, furniture,
alarm and a computer service.