To consider a report by the Managing Director (Communities, Partnerships and Projects).
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Decision:
Supported the incorporation of the Greater Cambridge – Greater Peterborough Local Enterprise Partnership (LEP) as a Company Limited by Guarantee and authorised the Managing Director (Communities, Partnerships and Projects) and the Head of Legal and Democratic Services to complete the appropriate legal documentation and processes.
Minutes:
Further to Minute No 11/17, the Cabinet considered a report by the Managing Director (Communities, Partnerships & Projects) (a copy of which is appended in the Minute Book) seeking approval for the District Council to become a corporate member of the Greater Cambridge – Greater Peterborough Local Enterprise Partnership (LEP) as part of its incorporation as a company limited by guarantee.
It was explained that corporate membership would expand the Board’s remit and enable it to enter into contracts. Having been advised that corporate membership would formally acknowledge the role of the LEP area local authorities and would not lead to any financial commitment for the Council, the Cabinet
RESOLVED
(a) that the incorporation of the Greater Cambridge – Greater Peterborough Local Enterprise Partnership (LEP) as a Company Limited by Guarantee be supported and the District Council’s involvement approved; and
(b) that the Managing Director (Communities, Partnerships and Projects) and the Head of Legal and Democratic Services be authorised to complete the appropriate legal documentation and processes.