Network Lease Agreement Extension - Digital Strategy
Report of the Deputy Chief Executive (People)
(Listing Officer: Paul Ward, Tel: 024 7697 1381)
Minutes:
Further to Minute 135 above, the Cabinet considered a private report of the Deputy Chief Executive (People), setting out the commercially confidential matters relating to the extension of the Network Lease Agreement with City Fibre.
RESOLVED that the Cabinet:
1) Approves that the terms of the current Network Lease Agreement with City Fibre are amended as set out in the report submitted.
2) Delegate authority to the Deputy Chief Executive (People), following consultation with the Director of Finance and Corporate Services, to undertake the necessary due diligence and to enter into the necessary legal agreement to secure the amendments to the Network Lease Agreement with City Fibre.