That:-
(1)a ‘vehicle’ is set up as detailed in paragraphs 2.8 – 2.11 of the report;
(2)the detailed operation of the “vehicle” be determined following an assessment of the strategic, legal and operational arrangements;
(3)stakeholder and community consultation take place on the operation of a “vehicle” and its broader potential;
(4)the Chief Executive is appointed as the Director of the ‘vehicle' and that the Deputy Chief Executive manages the relationship from the Council’s perspective; and
(5)an application be made for “admitted body status” to the North Yorkshire Pension Fund for the new ‘vehicle’.