Decision details

1.      That the City of Wolverhampton Council be authorised to send letters and Settlement Agreements to affected traders setting out the Full and Final value of compensation due and requesting their signature in return for payment.

2.      That payments to those traders where settlement agreements have been certified, signed and returned totalling £46,991.41 be approved.

3.      That a virement totalling £200,000 from Corporate Accounts to the Black Country Transport service to support expenditure arising as a result of the Bilston Road Financial Assistance programme be approved.

4.      That authority be delegated to the Cabinet Member for City Environment, in consultation with the Director of Finance, to approve payments to traders when future settlement agreements have been signed and returned.