The Trustees of the Assizes House Trust Fund were informed that no bids had been received since the last meeting.

The Trustees were asked to note that the assets of the Assizes Trust were considerable and as such a review should be undertaken as to the effectiveness of their use. 

Mrs McKinlay MOVED and Mr Kerslake SECONDED the recommendations in the report and a vote was taken by a show of hands and it was RESOLVED UNANIMOUSLY that:

1.    The Chief Executive Secretary prepares a business case for the use of the funds of the Assizes Trust. 

2.    The Chief Executive Secretary be granted delegated authority in consultation with Group Leaders of Brentwood Borough Council  or their appointed deputies to implement the agreed recommendations of the business case subject to:

a)    The recommendations were within the award criteria of the Brentwood Assize Trust (see Appendix A).

b)   The recommendation do not disadvantage any current recipients of grants or those that benefit from the current operations of the Trust.

3.    An amount of up to £5,000 be reserved for legal expenses relating to the activities in recommendation 1 and 2 above.     

Reason for recommendation

To assist the Charity to comply with their responsibilities, there was a need to review the existing assets and how they can best be used for the benefit of the community in Brentwood.