Agenda item - Royal Pavilion & Museums Trust Service Fee 2026-31

1)             Subject to the matters set out in the part 1 and 2 reports Cabinet agrees to the proposed annual fee of £1.9m for the fee term 2026-31 for the RPMT Service Agreement.

2)             Cabinet agrees to the deferral of loan repayments to 2031.

3)             Cabinet agrees to delegate authority to the Corporate Director City Operations in consultation with the cabinet member to make such variations as required to the contractual documentation between the Council and RPMT to give effect to the recommendations above.

90.1      Cabinet considered a report that sought approval of the fee term 2026-31 for the Royal Pavilion & Museums Trust (RPMT) Service Agreement.

90.2      Councillor Taylor contributed to the debate of the report.

90.3      Resolved-

1)             Subject to the matters set out in the part 1 and 2 reports Cabinet agrees to the proposed annual fee of £1.9m for the fee term 2026-31 for the RPMT Service Agreement.

2)             Cabinet agrees to the deferral of loan repayments to 2031.

3)             Cabinet agrees to delegate authority to the Corporate Director City Operations in consultation with the cabinet member to make such variations as required to the contractual documentation between the Council and RPMT to give effect to the recommendations above.