Issue - meetings

This report seeks approval from the Executive Member for the Council to enter into an agreement with London North Eastern Railway (LNER) for the Naming Rights Sponsorship at the Community Stadium.

This item has been on the Forward Plan for less than 28 days. It has been included on this agenda under the informal urgency procedures. The reason for this is that approval to enter into the Stadium Naming Rights Sponsorship Agreement is required urgently to maintain wider project timescales and deliverables.

Resolved: That authorisation be given to the Acting Chief Executive & Corporate Director of Customer and Corporate Services to arrange execution of the Stadium Naming Rights Sponsorship Agreement.

Reason:     To ensure continued progress with the Project, securing a named Sponsor for the Stadium and income to the Project revenue.

The Executive Member considered a report that sought his approval for the Council to enter into an agreement with London North Eastern Railway (LNER) for the Naming Rights Sponsorship at the Community Stadium.

The item had been on the Forward Plan for less than 28 days and had been included on the agenda under the informal urgency procedures. The reason for this was that approval to enter into the Stadium Naming Rights Sponsorship Agreement was required urgently to maintain wider project timescales and deliverables.

The Stadium Programme Officer was in attendance to present the report. He explained the process for entering the sponsorship agreement, including the external advice that had been taken. The Executive Member thanked Officers for their work, noting that it was positive news for the stadium.

It was then:

Resolved: That authorisation be given to the Acting Chief Executive & Corporate Director of Customer and Corporate Services to arrange execution of the Stadium Naming Rights Sponsorship Agreement.

Reason:     To ensure continued progress with the Project, securing a named Sponsor for the Stadium and income to the Project revenue.