Cabinet considered the report and:
1. Approved the amendment of the terms of the Strategic Partnership with Empower Community Management LLP;
2. Approved the amendment of the financing agreement with ECS Peterborough 1 LLP;
3. Approved the due diligence on the purchase of the existing operational solar PV installation;
4. Approved Council entering into such further agreements with ECS Peterborough 1 LLP and any other body necessary to facilitate the arrangements set out in this report; and
5. Delegated to the Corporate Director; Resources and Director of Governance the ability to finalise any individual matters including the amendment as necessary of any existing contractual documents.
Decision type: Key
Reason Key: Expenditure or savings greater than £500,000;
Decision status: Recommendations Approved
Notice of proposed decision first published: 06/06/2016
Decision due: 26 Sep 2016 by Cabinet
Lead member: Councillor David Seaton, Cabinet Member for Finance david.seaton@peterborough.gov.uk
Lead director: Executive Director Corporate Services
Department: Corporate Services
Contact: John Harrison, Corporate Director Resources Email: john.harrison@peterborough.gov.uk; Tel: 01733 452520 Email: john.harrison@peterborough.gov.uk Tel: 01733 452520.
Consultation process
Relevant internal and external stakeholders.
Relevant Scrutiny Committee: Sustainable Growth and Environment Capital
Meeting Open to Public: N/A