Issue - meetings

Kidsgrove Town Centre Community Interest Company

Meeting: 16/10/2013 - Cabinet (Item 6)

6 Kidsgrove Town Centre Community Interest Company pdf icon PDF 35 KB

Decision:

a)            That Cabinet endorse the Borough Council becoming a corporate director of the Kidsgrove Town Centre Community Interest Company and that Councillor Mrs Elsie Bates is nominated to the Board.

 

b)         That £10,000 be allocated to the Kidsgrove Town Centre Community Interest Company for the delivery of its emergent action plan, subject to the completion of a Service Level Agreement and an agreed arrangement for draw-down of defrayed or committed expenditure.

 

Minutes:

A report was submitted to update Members on the progress of the establishment of a Kidsgrove Town Centre Community Interest Company and Council support for this.

 

Resolved:     a)         That Cabinet endorse the Borough Council becoming a corporate director of the Kidsgrove Town Centre Community Interest Company and that Councillor Mrs Elsie Bates is nominated to the Board.

 

b)         That £10,000 be allocated to the Kidsgrove Town Centre Community Interest Company for the delivery of its emergent action plan, subject to the completion of a Service Level Agreement and an agreed arrangement for draw-down of defrayed or committed expenditure.