Purpose

Proposed support towards the proposed College Bank refurbishment

Decision

The Cabinet considered a report of the Head of Finance (Corporate) which sought agreement to the proposal outlined at section two of the report.

The report author was in attendance to present the information and to address the questions and the comments of the Cabinet Members.

Cabinet Members sought and received clarification on the terms of the proposal and agreed additional requests to be considered and put forward.

Resolved that the recommendations outlined in part two of the supplementary report be agreed.

Reason for decision:

As outlined at section three of the report.

Alternatives considered and rejected:

As outlined at point four of the report.