Lead Member – Mr Mike Owen, Portfolio Holder for Finance, Resources and Support.

Report of the Head of Finance, Governance and Assurance (Section 151 Officer) is attached marked 11.

Contact:  James Walton (01743 255011)

(a)   That authorisation be given for the extension of the West Mercia Agreement to 31^st March 2020.

(b)  That the revised Joint Agreement as attached at Appendix A to the report by the Head of Finance, Governance and Assurance (Section 151 Officer) be approved.

(c)  That approval be given to explore options for future trading opportunities.

(d)  That the Chief Executive be authorised to approve further extensions and amendments to the Joint Agreement as necessary.

11.1    The Portfolio Holder for Resources, Finance and Support presented a report by the Head of Finance, Governance and Assurance (Section 151 Officer) – copy attached to the signed Minutes – on a proposed number of amendments to the West Mercia Energy Joint Agreement. 

11.2    RESOLVED:

(a)  That authorisation be given for the extension of the West Mercia Agreement to 31^st March 2020.

(b)  That the revised Joint Agreement as attached at Appendix A to the report by the Head of Finance, Governance and Assurance (Section 151 Officer) be approved.

(c)  That approval be given to explore options for future trading opportunities.

(d)  That the Chief Executive be authorised to approve further extensions and amendments to the Joint Agreement as necessary.