Decision details

Cabinet

1. Subject to approval of the claimed costs by the Chief Finance Officer, agreed to provide financial assistance to meet the forecast net pressure of c.£486,876 i.e. the forecast deficit of c.£981,035 for the period 1st April 2021 – 31st March 2022, offset by c.£494,159 of National Leisure Recovery Fund grant money.
2. Subject to approval of the claimed costs by the Chief Finance Officer, agreed to provide financial assistance of c.£494,159 from the National Leisure Recovery Fund money.
3. Authorised the Executive Director People in consultation with the Executive Member for Finance and the Chief Finance Officer to negotiate and approve the relevant financial adjustments required under the noncontractual zero deficit methodology and the conclusion of the contract variation necessary to achieve this as part of the Change of Law provisions.
4. Noted that the Executive Director People in consultation with the Executive Member for Finance will develop the leisure investment strategy for approval by Cabinet and prepare for a future leisure procurement exercise.
5. Authorised the Executive Director People in consultation with the Executive Member for Finance to negotiate and approve any contract extension reasonably necessary to facilitate this and achieve best value.