Issue - decisions

Resolved

(1)            That the Lead Member for Economy Regeneration and Property as a director to the newly established CIC, Bicester Vision, representing the interests of Cherwell District Council (CDC).

(2)            That it be noted that a senior officer (Assistant Director – Growth and Economy or equivalent or superior) will attend the Bicester Vision board meetings as an observer, and to provide support to the designated CDC board representative.

(3)            That it be agreed to formalise the ongoing arrangements for the provision of grant funding to Bicester Vision of £15,000.00 (fifteen thousand pounds) per annum over the next 3 years, the first payment to be made on [DATE] for the period [DATE] to [DATE].

(4)            That authority be delegated to the Assistant Director – Growth and Economy to negotiate and complete a grant agreement to govern the provision of such grant funding, in the form, or substantially the form, attached at Appendix A to this report, with Bicester Vision and to agree any minor variations to the terms of such grant agreement from time to time.