THAT:

(a)       the transfer of HFL obligations to Herefordshire Council (as outlined at paragraph 6 below) be approved;

(b)       delegated authority be given to the Director for Economy, Communities and Corporate, in consultation with the Solicitor to the Council, to finalise and sign the necessary documentation to effect the transfer of obligations arising from recommendation a) above, including any necessary variation to the joint venture agreement with Homes and Communities Agency; and

(c)       the role and efforts of HFL board members throughout the board’s period of operation is recognised and thanks be extended to the board.