Decision details

SERVICE AREA:

Population Health

SUBJECT MATTER:

SPORT AND LEISURE REVIEW

DECISION:

1.    That the proposed re-profile of the management fee values payable for the financial years 2018/19, 2019/20 and 2020/21, be approved as detailed in appendix 1 of the submitted report

2.    That the existing level of prudential borrowing will be wholly repaid by Active Tameside by 31 March 2025 (2024/25) be noted.

3.    That it be acknowledged that Active Tameside have requested up to £ 1 million additional borrowing to finance the equipment for the commercial venture at Active Denton and the repayment terms for this additional borrowing be subject to a further report to a future meeting of Executive Cabinet.

DECISION TAKER(S):

Executive Cabinet

DATE OF DECISION:

23 January 2019

REASON FOR DECISION:

The re-profiling of the management fee allows Active Tameside to remain financially sustainable for the foreseeable future.  This will enable the existing level of prudential borrowing (£4.5m) to be wholly repaid by 31 March 2025 (2024/25). Active Tameside have requested up to £1 million additional borrowing.

ALTERNATIVE OPTIONS REJECTED (if any):

To retain the existing management fee agreement approved by Executive Cabinet on 274 March 2016.

CONSULTEES:

Not applicable.

FINANCIAL IMPLICATIONS:

(Authorised by Section 151 Officer)

As detailed within the submitted report.

LEGAL IMPLICATIONS:

(Authorised by Borough Solicitor)

As detailed within the submitted report

CONFLICT OF INTEREST:

There were no declarations of interest.

DISPENSATION GRANTED BY STANDARDS COMMITTEE ATTACHED:

Not applicable.

REFERENCE DOCUMENTS:

The background papers  relating to this report can be inspected by contacting Debbie Watson, Interim Assistant Director of Population Health on 0161 342 3358, or at

debbie.watson@tameside.gov.uk