Decision

1. That the un-committed spend of ELIF 1 in para 2.3 and for ELIF 2 in para 2.5 be noted.
2. That the proposed activities and expenditure as identified in para 2.7 of this report be approved.
3. That alignment of governance arrangements for both ELIF 1 to that of ELIF 2 (as approved in the budget report of 2026/27) for consistency of approach across the whole programme be approved.
4. That the land (edged red on the plant at Appendix 1) be declared surplus, and disposal of the land at market value be delegated to the Executive Director of Programme Delivery, in consultation with the Portfolio Holder.
5. That authority be delegated to the Executive Director of Economic Development, in consultation with relevant Portfolio Holders and S151 Officer to approve business cases and expenditure to enable delivery of projects in accordance with this report.
6. That authority be delegated to the Executive Director of Economic Development in consultation with relevant Portfolio Holders to extend the project delivery timescales to March 2028 following consideration given to individual project needs.
7. That authority be delegated to the S151 Officer to make amendments to approved allocations within both ELIF 1 and ELIF 2 programmes, in consultation with relevant portfolio holders following recommendations from the ELIF Programme Board.