To approve funding request from OCC to draw down their 2020 and 2021 CIL allocations of 50% of the infrastructure proportion, as set out in the council’s April 2021 CIL spending strategy, of £1,961,305.10 for which the Head of Finance has delegated authority to do so, in consultation with the relevant cabinet member and Head of Planning, under point 6.4 of the council’s scheme of delegation, 22 February 2022.
To enter into a funding agreement with OCC that governs the release of funds and sets out project monitoring requirements and claw back clauses for which the Head of Finance has delegated authority to do so under point 6.3 of the council’s scheme of delegation, 22 February 2022.
To release funds to OCC in accordance with the funding agreement once signed and sealed for which the Head of Finance has delegated authority to do so under point 6.3 of the council’s scheme of delegation, 22 February 2022.