Decisions for issue Acquisition and Leaseback of Land and Buildings at Moulsecoomb Way

RESOLVED: That the Committee –

(i)            Noted the recent award of Local Growth Funding from Coast to Capital LEP to help deliver a Research and Innovation Fibre Ring in Brighton, and agree to enter into a funding agreement with Coast to Capital to access that funding.

(ii)          Agreed to the city council investing in the provision of the fibre ring,

in line with the business case at Appendix 1.

(iii)         Authorised the Executive Director Economy, Environment and Culture to enter into a partnership agreement with the project partners to agree roles and responsibilities to deliver the project.

(iv)         Agreed to the Brighton Digital Exchange (BDX) continuing to occupy space at New England House for a peppercorn rent for 3 years, as part of the city council’s match funding for the project.

(v)          Authorised the Executive Director Economy, Environment and Culture to undertake or participate in any procurement processes necessary to deliver the city council’s obligations under the funding agreement.