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Decision details

Aberdeen Community Energy - Community Bond Issue - Motion by the Convener

Decision Maker: Finance, Policy and Resources Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No


(i)         to note the success of Aberdeen Community Energy in progressing the Donside Hydro Scheme, which includes putting in place the relevant capital financing; and

(ii)        to note the existing support the Council is providing to the Tillydrone community through the approved Participatory Budgeting  pilots; and

(iii)       to instruct officers from Public Infrastructure & Environment Services to contact Aberdeen Community Energy to discuss options for supporting the landscaping initiatives related to the Donside Hydro Scheme, and report these to a future Communities Housing and Infrastructure Committee; and

(iv)       in the event of Aberdeen Community Energy’s Bond issue and contingency investment plans for the Donside Hydro Scheme failing to raise the required amount of capital finance, delegate authority to the Head of Finance and Head of Legal and Democratic Services to enter discussions with Aberdeen Community Energy on how the Council could provide financing to the project.

Publication date: 12/12/2016

Date of decision: 01/12/2016

Decided at meeting: 01/12/2016 - Finance, Policy and Resources Committee

Accompanying Documents: