Purpose

To create a budget for £338,071 from
S106 contribution (Public Transport) and release the funds to
Oxfordshire County Council (OCC) towards enhancements to the Route
66 and X15 bus services under 74 of council’s financial
procedure rules.

Decision

To create a budget for £338,071 from
S106 contribution (Public Transport) and release the funds to
Oxfordshire County Council (OCC) towards enhancements to the
Route 66 and X15 bus services under 74 of council’s financial
procedure rules.

 

and to enter into a funding agreement in the form of
a Third Party Funding Agreement, with Oxfordshire County Council and thereafter
to release funds, subject to receipt of the signed third party
funding agreement.