Decision details
British Cycling and HSBC Core Cities Cycling Partnership: Cardiff Programme
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
British Cycling has secured an 8-year sponsorship deal with banking group HSBC to support the delivery of a comprehensive programme of activities to develop cycling in 10 UK Core Cities including Cardiff. This agreement replaces British Cycling’s previous sponsorship deal with SKY.
British Cycling and HSBC require an agreement for the 8-year duration of their sponsorship with the 10 core cities.
Decision:
Appendix 2 (Partnership Agreement) to this report is not for publication under Schedule 12A Part 4 paragraph 14 pursuant to Schedule 12A Part 5 paragraph 21 of the Local Government Act 1972 (as amended).
RESOLVED: that
1. a five (5) year partnership agreement (with an option to extend for a further period of up to three (3) years) be entered into with British Cycling under the terms to be contained in the partnership agreement.
A commitment be made to providing an annual match-funding grant contribution of £100,000 (to be comprise a 50:50 split between a financial and in kind contribution) towards the project under the terms contained in the partnership agreement
Other reasons / organisations consulted
The project will involve extensive engagement with key stakeholders including local ward members, schools, community groups, businesses and individuals.
Publication date: 17/11/2017
Date of decision: 16/11/2017
Decided at meeting: 16/11/2017 - Cabinet
Effective from: 29/11/2017
Accompanying Documents:
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