The Executive Meeting approved a proposal to transfer responsibility for £100,000 of Portas Pilot funding, £100,000 of Council capital funding and £100,000 of High Street Innovation Funding to the Portas Pilot Town Team Committee, subject to meeting the Council’s responsibilities as accountable body and adhering to the Council’s policies and procedures for procurement and monitoring of spend and performance, in order to enhance the deliverability of key programmes and projects in the Town Centre.