Decision

DECISION: The Cabinet agreed to:
 
i. To agree, in principle, to sell
Biodiversity Net Gain (BNG) units at Forty Hall Parkland site and
to ring fence the BNG income for
• Habitat appropriate maintenance of the
parkland to BNG specifications
• Capital works investment at the
parkland to BNG specifications
ii. To note that a detailed scheme will be
fully worked up over the coming months and will be submitted to the
Cabinet Member for Environment, Culture and Open Spaces for
approval.
iii. To delegate authority to the Cabinet
Member for Environment, Culture and Open Spaces to agree to enter
into a Conservation Covenant, s106 agreement or any other legal
construct required to create the BNG scheme at Forty Hall.
iv. To delegate authority to the Director of
Environment and Communities to appoint and enter into arrangements
with a Habitat Bank Broker if required
v. To delegate authority to the Director of
Environment and Communities to enter into all any legal agreements
required to implement the scheme once approved by the relevant
Cabinet Member.