Purpose

To seek approval of the new
Collaboration
Agreement, and to provide delegated
powers to transfer the insurance proceeds
to the Underfall Yard Trust

Content

The Committee RESOLVED (unanimous vote in
favour):
1. To approve the Collaboration Agreement
(Appendix A).
2. To authorise the Executive Director: Growth
and Regeneration in consultation with the Chair of the Strategy and
Resources Policy Committee to take all steps required to transfer
all insurance proceeds received in relation to the fire to
Underfall Yard Trust as set out in the Collaboration Agreement.
3. To authorise the Executive Director: Growth
and Regeneration in consultation with the Chair of the Strategy and
Resources Policy Committee to enter into the Collaboration
Agreement.