1. To approve the allocation of £800,000 Section 106 monies towards the St John’s Church ReIGNITE project, subject to:
a. A satisfactory independent audit of the business plan and fundraising strategy.
b. The submission of a satisfactory Equalities Impact Assessment.
c. A detailed Funding Agreement with claw back mechanisms in the event of underperformance.
2. To delegate authority to the Co-Strategic Directors of Sustainable Growth and Opportunity, in consultation with the Deputy Leader of the Council (Planning, Investment and New Homes), to negotiate and complete a Funding Agreement with St John’s Church for payment of the Council’s contribution to the ReIGNITE project.