Agenda item

Leisure Services Financial Arrangements (Exempt Under Paragraph 14)

Minutes:

Decisions:

 

1.   That the terms of the Indemnity Agreement entered into between Neath Port Talbot County Borough Council and Celtic Leisure be noted.

 

2.   That approval be granted to increase the Management Fee payable to Celtic Leisure up to but not exceeding £1.8m plus VAT with payments released monthly following a review meeting between the Council and Celtic Leisure.

 

Reason for Decisions:

 

To ensure suitable arrangements are in place to maintain the provision of leisure services in the Neath Port Talbot locality.

 

Implementation of Decisions:

 

The decision will be implemented after the 3 day call in period.