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Individual Decision Day - 28 January 2026

Key Takeaways

  • The Cabinet approved an urgent extension of the £1.5 m revolving credit facility for Celtic Sea Power Limited to March 2030, raising the interest rate to 6 % to meet commercial and subsidy‑control requirements.
  • The Council agreed to accept Department for Work and Pensions grant funding for the delivery of Skills Bootcamps Wave 7 (2026/27).
  • A Section 75 Agreement with the Cornwall and Isles of Scilly Integrated Care Board was approved, establishing a £41.7 m pooled budget for Section 117 after‑care services and a joint fund manager.
  • The Council approved the exempt report for the A30 to St Austell Link Road and withdrew agenda item 20, deferring the Kernow Industrial Growth Fund decision to the March meeting.
AI-Generated Summary

This summary was generated by AI and may contain errors. Read the full minutes for the official record.

**Key decisions and procedural matters**

The Cabinet approved the minutes of the 3 December 2026 meeting and recorded that no members declared an interest and no public questions were raised. An agenda item concerning the Investment Plan for the Kernow Industrial Growth Fund was withdrawn after agreement with the Ministry of Housing, Communities and Local Government that the decision would be deferred to the March Cabinet meeting.

**Financial support for Celtic Sea Power**

Under the Rule 16 General Exception Urgency Procedure, the Deputy Leader secured approval to extend the Council’s £1.5 million revolving credit facility (RCF) for Celtic Sea Power Limited (CSP) to 31 March 2030, with a review by March 2029. The interest rate will be increased from 3.69 % to 6.00 % to align with commercial terms and subsidy‑control requirements. The facility remains a short‑term working‑capital loan, capped at £1.5 million, with current utilisation of about £900,000 and repayments linked to grant income. The amendment will be processed through Treasury as a Non‑Treasury Loan and will be monitored quarterly.

**Section 75 Agreement for adult mental‑health after‑care**

The Portfolio Holder for Adult Social Care and Health Partnerships recommended that Cornwall Council enter a formal Section 75 Agreement with the Cornwall and Isles of Scilly Integrated Care Board (ICB) to fund Section 117 after‑care services for adults discharged under the Mental Health Act 1983. The proposal creates a £41.7 million pooled budget, split equally between the Council and the ICB, and appoints a jointly funded Pooled Fund Manager. A joint Section 117 policy and operating procedures will be adopted, with delegated authority for non‑material amendments vested in the Strategic Director for Safe and Caring Communities. The agreement is intended to streamline discharges, improve continuity of care and reduce administrative delays.

**Environmental improvement through a Local Development Order**

The Portfolio Holder for Tourism, Localism and Planning sought approval to move to public consultation on a Local Development Order (LDO) that would permit the replacement of septic tanks with modern treatment plants across the River Camel catchment. The LDO is designed to secure 80‑year permitting rights, meet Natural England’s requirement to mitigate phosphate loads, and unlock priority development schemes. Funding for the scheme is already in place under an existing MHCLG grant, so no additional Council expenditure is required.

**Housing portfolio asset disposal**

The Housing Service presented a report recommending that nine properties, identified as being in poor condition and financially unviable for social housing, be declared surplus to the Housing Revenue Account (HRA) and released for open‑market disposal. The decision follows the application of a new Property Disposal Decision Tool that assesses condition, financial performance, strategic need and market value. The Cabinet approved the disposal, delegated authority to the Head of Property & Assets (in consultation with the Monitoring Officer) to determine disposal methods and finalise sale terms, and confirmed that the process will comply with the Code of Practice for Land and Property Transactions and the Scheme of Delegation.

Attendance

5 of 5 members present

Decisions

Extension of £1.5 m revolving credit facility to Celtic Sea Power Ltd

The council decided to let Celtic Sea Power keep borrowing up to £1.5 million until March 2030, but at a higher interest rate of 6 % instead of 3.69 %, with a review scheduled for March 2029.

Approved

Entry into Section 75 Agreement with Cornwall & Isles of Scilly ICB

The council agreed to a formal partnership with the local health board to provide after‑care services and set related policies, with the power to make minor, non‑material changes.

Approved

Proceed to public consultation on River Camel Local Development Order

The council will start a public consultation about a plan that lets owners replace septic tanks with modern treatment plants without needing separate planning permission.

Approved

Declare listed housing assets surplus to Council requirements

The council has decided that nine housing properties are no longer needed and will be removed from its housing budget.

Approved

Progress surplus housing assets through Asset Release process

The council approved selling the nine extra houses on the open market.

Approved

Delegate disposal authority to Head of Property & Assets

The cabinet gave the head of property and assets, after consulting the monitoring officer, the power to decide how to sell council assets, set the sale terms and price, following the relevant rules.

Approved

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