1. White City CIC has changed its status to a
CIO. Authority is granted to the Head of Communities in
consultation with the Council Solicitor and Chief Finance Officer
to agree Deeds of Novation to cover previous grants for this
project.
2. As a result of project changes, the impact of Covid 19 and the
requirement to progress fundraising, authority is granted to the
Head of Communities in consultation with the Council Solicitor and
Chief Finance Officer to agree a Deed of Variation in respect of
the 2018 grant agreement. Notably this increases the grant from
£50k to £69,977.
3. Authority is granted to the Head of Communities to agree a new
Deed of Grant for the remaining funds (£92,023) which removes
the requirement for £50k to be withheld until
completion.
Decision Maker: Cabinet Member for Communities and Neighbourhoods
Decision published: 07/10/2020
Effective from: 15/10/2020
Decision:
Wards affected: Matson and Robinswood;
Lead officer: Ruth Saunders