(1) The award of £51.0 million Devolution Deal funding to Coventry Friargate Business District Phase 1, which was promoted by Coventry City Council based on the assurance work completed and the endorsement of the Project by the Investment Board on 29 January 2018 was approved.
(2) Authority was delegated to the Monitoring Officer and the Director of Finance in consultation with the Portfolio Lead for Finance to conclude the grant agreement with Coventry.