Agenda and minutes
Venue: Council Chamber, Old Town Hall Stratford, 29 The Broadway, London E15 2BQ
Contact: Roxanne Misir / Robert Walker Click for further details Tel: 020 8356 3326 / 020 8356 3578 e-mail: roxanne.misir@hackney.gov.uk / robert.walker@hackney.gov.uk
Note: This meeting was inquorate
No. | Item |
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Apologies for Absence |
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Declarations of Interest |
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Olympic Joint Borough Central Unit: Financial Management PDF 89 KB Minutes: Decision:
RESOLVED that:
i) The Host Boroughs Budget for 2013/14 based on gross expenditure of £360,000 financed by 6 equal annual borough contributions of £60,000 be approved;
ii) In respect of the Service Level Agreements (SLA) to be concluded between each Borough and CREATE:
a) that, not later than1st October 2013, CREATE be paid a consolidated Service level payment of £75,000;
b) that a further consolidated SLA payment of £75,000 be paid on 1st October 2013 provided all individual SLA agreements with the Boroughs have by that date been finalised; and
c) thatall such payments be financed on an equal basis by the 6 boroughs through a contribution of £25,000 payable by each borough. |