Purpose

This report seeks Cabinet approval to:
register St Michaels Field as a habitat bank for the purpose of
selling biodiversity units and credits; enter into the necessary
legal agreement for this purpose; and have delegated authority for
key decisions on the registration and sale of units and
credits.

Content

1)            
Cabinet agrees to register St Michael’s Field
as a Habitat Bank and enter the necessary legal agreement for the
registration of the site.

 

2)            
Cabinet delegates authority to the Corporate
Director for Finance & Property and the Corporate Director for
City Operations for key decisions on registration and sale of
biodiversity units and credits.