(1) Approve the total expenditure of £5m for delivery of a workspace scheme at Pioneer Park.
(2) Approve an allocation of £1.723m towards the delivery of a workspace scheme. This is anticipated to be funded by £440k from earmarked receipts and £1.283m of prudential borrowing through the Corporate Estate as part of the Investment Strategy.
(3) Approve £40k to fund the revenue deficit in the first year of operation to be funded by savings within the scheme or surpluses expected to be generated in future years.
(4) Approve entering into the formal contract for the delivery of the workspace scheme and associated land sale to Brackley Property Developments Limited.