Purpose

The Collaboration Agreement will define how
the Council and the Underfall Yard Trust (UYT) will work together
to reinstate the yard after significant fire damage. The decision
sets out the commitment of the Council to pass insurance funds
awarded by the insurer to the UYT to enable them to meet their
reinstatement obligation under the lease. The decision sets out the
terms on which the funds are made available and the roles of the
UYT and Council in the process.

Content

Approval to enter into a Collaboration
Agreement with the Underfall Yard Trust (UYT).