Issue - decisions

Resolved: That Cabinet agree to:

(i)        Note progress made with the Tour de France delivery project.

(ii)      Agree the strategic objectives for delivery.

(iii)     Delegate authority to the Chief Executive to negotiate and enter into a contract with the new regional delivery body.

(iv)    The following budget allocations:

a.        £200k from capital contingency

b.        £200k from Delivery and Innovation Fund

c.        £473k from General Contingency

The profile between years of allocations to be confirmed as part of the budget process in February 2014.

Reason:     To report on project work to date and provide the necessary funding to deliver the event.