Decision details

Proposal to provide consent for Cambridgeshire and Peterborough Combined Authority to borrow for its new functions

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

Cabinet AGREED:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

 

(1)  To determine that this decision be taken within the urgency provisions of the Constitution and to note that the Call-in provisions will not therefore apply in this regard for the reasons outlined in Appendix 1.

 

(2)  On behalf of South Cambridgeshire District Council,  to give consent to the specification and making of the regulations in relation to  the Cambridgeshire and Peterborough Combined Authority, as set out in the draft regulations, “The Combined Authorities (Borrowing) Regulations 2018” (Appendix 2).

 

(3)  To authorise the Chief Executive, in consultation with the Leader, to accept any minor changes in the draft regulations,(Appendix 2), which do not alter meaning substantially.

 

 

 

Publication date: 02/03/2018

Date of decision: 01/03/2018

Decided at meeting: 01/03/2018 - Cabinet

Accompanying Documents: