Redevelopment of Frideswide Square in partnership with Oxfordshire County Council.

On 15 October CEB agreed - To include within the Legal Agreement with the County Council the arrangements for the maintenance and management of Frideswide Square and to delegate to the Executive Director Community Services the responsibility for agreeing such maintenance and management arrangements.

The Head of City Development submitted a report along with an extract from the minutes of the City Executive Board held on 3^rd July 2014(previously circulated, now appended) The report detailed a request to make a financial contribution to Oxfordshire County Council towards the work to transform Frideswide Square.

Councillor Bob Price moved the report.

Council agreed:

(a)          To approve a capital grant to the Oxfordshire County Council of £670,000 in two phases of £335,000 each (50% in quarter 3 2014/15 and 50% in quarter 2 2015/16);

(b)          To delegate to the Executive Director of Regeneration and Housing responsibility to complete the legal agreement requested by the Oxfordshire County Council.