Decision details

Agreed

That it is recommended that Council approve:-

(1)        Exeter City Council become a member of the Community Interest Company;

(2)        a sum of £50,000 be allocated as a working budget to facilitate the start-up and promotion of the Exeter City Futures Programme; and

(3)        membership of the Community Interest Company be taken up and for delegated authority to be given to the Chief Executive & Growth Director to identify two Board Directors.

Reason for Decision:

As set out in the report.