Purpose

This report provides an overview of the
position and seeks approval to accept the grant offer and to
progress activities to secure permission to start from NLHF.

Decision

Resolved: That
(i)    
Accepts the NLHF Delivery Grant Offer, approves the
proposal to progress activities to secure permission to start from
NLHF, and approves acceptance of the NLHF Delivery Grant on the
terms set out in this report;
 

(ii)   
Agrees that in the event of a shortfall in match
funding, that priority be afforded to making up any shortfall from
within the Capital Programme, which is likely to require a
reprioritisation of funds from existing approved
schemes;
 
(iii)  
Delegates authority to the Corporate Director of
Place, in consultation with the Director of Finance and Systems and
Executive Member for Economy and Regeneration, to agree the final
details relating to project management and match funding;
and
 
(iv)Delegates authority to the Director of Legal and Governance
and
Monitoring Officer to enter into legal agreements as required to
    implement these
recommendations.