AGREED to:
· confirm the establishment of the Project Board to oversee the business case project, confirm the boards remit including its terms of reference and membership;
· note the procurement exercise to select a contractor to deliver the SOBC project, giving approval for delegated authority to the Portfolio Holder for Social Mobility and Heritage to award the contract;
· note that third party funding has been approved from CPCA Market Towns Budget for this work. A Grant Funding Agreement between CPA and FDC is required and that this agreement requires FDC to underwrite any capital overrun; and
· delegate approval to the Portfolio Holder for Social Mobility and Heritage and the Portfolio Holder for Finance to sign the agreement on behalf of FDC.