Officer and Portfolio Holder Decisions

Members considered an update on the resourcing considerations presented by Peter Catchpole.

The Investment Board AGREED to approve the changes for the recruitment of a fixed term Development Director and delegate authority to Corporate Management Team to process the recruitment as soon as possible.

(Members resolved to exclude the public from the meeting for this item of business on the grounds that it involved the disclosure of exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972)

Members considered the Wenny Road update presented by Dan Horn on behalf of Fenland Future Limited.

The Investment Board AGREED to note the current progress and indicative timetable within the Wenny Road update report.

(Members resolved to exclude the public from the meeting for this item of business on the grounds that it involved the disclosure of exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972)

Members considered the Nene Waterfront update presented by Dan Horn on behalf of Fenland Future Limited.

The Investment Board AGREED

·         to note the current progress and indicative timetable within the report 

·         that incubator units should not be discounted for inclusion in the scheme as long as Fenland Future Limited receive no reduction in overall income from this site.

(Members resolved to exclude the public from the meeting for this item of business on the grounds that it involved the disclosure of exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972)

Having consulted with the Leader of the Council and Finance Portfolio Holder to delegate to the S.            151 Officer the ability to:

·         administer the Grant Schemes in accordance with Government Guidance; and the local key principles; and

·         recover the costs associated with the above in accordance with s.31 of the Local Government Act 2003.

As announced and required by Government in October 2020 and howsoever amended until such time as they are discontinued when this delegation shall also cease subject to any appropriate transition arrangements having been concluded and all costs appropriately recovered.

To sell the land as outlined in the confidential briefing note.

The decision to sell be approved.