6 Kidsgrove Town Centre Community Interest Company 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.