Issue details

Leisure Private Finance Initiative - Deed of Variation

To approve delegations for the final details of the Deed of Variation for the Leisure Private Finance Initiative at Bentley Bridge.

 

Decision type: Key

Reason Key: Expenditure > £250,000;

Decision status: Recommendations Approved

Wards affected: Wednesfield South;

Notice of proposed decision first published: 05/06/2020

This decision will be taken under urgency procedures.

Reason for urgency:
The Deed of Variation covers issues arising as a result of Covid19, from when the centre was instructed to close by Government until it reopens and for the following reopening phase. It needs to be considered as soon as possible to ensure the centre is ready for opening when appropriate.

The Deed of Variation approval was not known about until the financial implications became clear.

Anticipated restriction: Fully Exempt  - View reasons

Decision due: 23 Jun 2020 by Cabinet (Resources) Panel

Lead member: Cabinet Member for Resources, Cabinet Member for City Environment

Lead director: Claire Nye, Director of Finance, Ross Cook, Director of City Environment

Department: Corporate

Contact: Jane Dixon, Head of Commercial Email: jane.dixon@wolverhampton.gov.uk.

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