Decisions

RESOLVED that 1) the update on the £15million Regeneration Fund provided within the report be noted,

2) receipt of the Regeneration Fund by the Council (subject to the terms of the Memorandum of Understanding) be approved,

3) responsibility for any amendments to the Memorandum of Understanding be delegated to the Council’s Chief Executive,

4) that the Council is the ‘Accountable Body’ for the Regeneration Fund in accordance with the requirements of the Fund, be noted,

5) that the Council’s wholly owned company, Dragonfly Management (Bolsover) Ltd can deliver the required outcomes of the Regeneration Fund on the Council’s behalf, be approved,

6) that Dragonfly Management (Bolsover) Ltd, acting on the Councils behalf, will procure a range of contractors and suppliers, including Dragonfly Development Ltd to deliver the required outcomes of the Regeneration Fund, be approved,

7) the purchase of the three properties outlined in paragraph 2.3 of the report, following receipt of the Memorandum of Understanding, within the funding limits for each project and subject to appropriate valuations, value for money and conditions of the Regeneration Fund, be approved,

8) that responsibility for the negotiations for the purchase of the three properties outlined in paragraph 2.3 of this report, be delegated to the Council’s Chief Executive.

RESOLVED that the sale of 17 and 19 Cotton Street, Bolsover, be approved.