Decision details

The purpose of this report is to enable Cabinet to consider a proposal relating to the way our economic development function is carried out.

Cabinet considered the report and RESOLVED to:

·         Approves, in principle, the integration of Opportunity Peterborough into the Council

·         Delegates authority to the Executive Director for Place and Economy, in consultation with the Leader of the Council, to formally engage with the Opportunity Peterborough Board in order to facilitate and implement an effective transfer, subject to the outcome of consultation with affected staff.

·         Notes the exceptional performance of Opportunity Peterborough over many years, and formally thanks the Opportunity Peterborough Board of Directors for their governance and leadership

The recommendations are proposed in order to improve the effectiveness of our whole growth, regeneration and economic development functions.

Not to negotiate a transfer as set out in this report; this however is discounted as we have identified the need to bolster our capacity across our growth, regeneration and economic development functions in order to maximise the benefits to the city.

None.

None.