ACTION SHEET ARISING FROM THE PLANNING LEAD MEMBER BRIEFING HELD ON 23RD MARCH, 2010 Meeting commenced: “ ended: PRESENT: 1.55 p.m. 2.00 p.m. Councillor Derek Antrobus (Lead Member for Planning) - in the Chair Councillor Norbert Potter - Planning Executive Support Member David Evans - Head of Physical Regeneration Mike Relph - Senior Democratic Services Officer Item No./Subject 1. Exchange Greengate : Greengate Management Company - Salford City Council Contribution and Management Strategy Action Required That approval be given to a contribution of £332,627 (to reduce incrementally to £169,640 after the first five years) from Council Tax payments towards the running cost of the Management Company and the delivery of a high quality management and maintenance service for the new public realm for the Exchange Greengate area. That Salford City Council enter into an management strategy with the Homes and Communities Agency, the North West Regional Development Agency and ASK Developments. D:\219513505.doc Responsible Officer D:\219513505.doc