Issue - meetings

An overview of 2 programmes which would be progressed to the MCA Board for final approval was given.

The first sought progression of the “Canon Diagnostic Suite and Arena” project to full approval and award of £1.4m grant.

Richard Stubbs declared an interest in this programme, as a member of the Board of the Olympic Legacy Park, where the programme would be based.

Questions were raised around whether any proportion of funding could be returned to the MCA in the future, and to seek assurance that the handover of facilities would take place as specified in the proposal. It was explained that both issues could be covered in the contract.

The second proposal sought progression of an SBC to an FBC.

Questions were raised around the risk of giving financial support to this programme. It was confirmed that due diligence and thorough financial assessment would take place as part of the MCA Assurance Process, and that this programme would continue to be brought back to the Board for approval as it developed.

An error was identified in the paper under ‘Recommendations’; the Board noted that delegated authority would only be approved for the Head of Paid Service to enter into legal agreements for the scheme covered should proposals be approved by the MCA Board.

ACTION: Assistant Director – Procurement, Contracts and Programme Controls to provide more detailed information to the Board on the proposal in advance of future funding decisions being made.

RESOLVED: to approve all recommendations for progression to the MCA Board.