The Cabinet agreed to give delegated authority
to the Director of Finance and Corporate Services to:
(a) Enter into a contribution agreement, which ensures:
(i) that the Trust contributes towards the running costs of the
tunnel; and
(ii) that the Trust pays the Council a sum, as set out in paragraph
6.1 of the report, as a contribution towards the running costs of
the tunnel between 1 April 1999 and 31 March 2003.
(b) Grant an option agreement, which will allow the Trust to
acquire the freehold of the western control room (and surrounding
land) and rights to use the eastern service chamber.