The Cabinet agreed the Medway LIFT (Local
Improvement Finance Trust) Business Case.
The Cabinet agreed to authorise the Assistant Director (Legal &
Contract Services) in consultation with the Director of Health and
Community Services and the Portfolio Holder for Health and
Community Services to agree revisions to the standard LIFT
documents and to agree any ancillary documents.
The Cabinet agreed that the people identified in paragraph 5.3 of
the report be identified as authorised signatories on closure of
the LIFT Project and that the certificate required by the Strategic
Partnering Agreement (SPA) identify them as such.
The Cabinet agreed the summary of decisions set out in the Appendix
to the report and that the minutes of this meeting be incorporated
in the summary.
The Cabinet agreed that the Assistant Director (Legal &
Contract Services) be authorised to produce a certified copy of the
minutes approving the Council's execution delivery and performance
of the SPA and to execute and deliver such documents and any other
documents to be delivered pursuant to the SPA.