Decision

RESOLVED that 1) the
update on the £15million Regeneration Fund provided within
the report be noted,

 

2) receipt of the Regeneration Fund by the Council
(subject to the terms of the Memorandum of Understanding) be
approved,

 

3) responsibility for any amendments to the
Memorandum of Understanding be delegated to the Council’s
Chief Executive,

 

4) that the Council is the ‘Accountable
Body’ for the Regeneration Fund in accordance with the
requirements of the Fund, be noted,

 

5) that the Council’s wholly owned company,
Dragonfly Management (Bolsover) Ltd can deliver the required
outcomes of the Regeneration Fund on the Council’s behalf, be
approved,

 

6) that Dragonfly Management (Bolsover) Ltd, acting
on the Councils behalf, will procure a range of contractors and
suppliers, including Dragonfly Development Ltd to deliver the
required outcomes of the Regeneration Fund, be approved,

 

7) the purchase of the three properties outlined in
paragraph 2.3 of the report, following receipt of the Memorandum of
Understanding, within the funding limits for each project and
subject to appropriate valuations, value for money and conditions
of the Regeneration Fund, be approved,

 

8) that responsibility for the negotiations for the
purchase of the three properties outlined in paragraph 2.3 of this
report, be delegated to the Council’s Chief
Executive.