Cabinet:
1. Agreed to the London Borough of Bexley joining oneSource as a member of the Joint Committee.
2. Agreed to the shared delivery of financial services and functions with Bexley as set out in the report and its appendices.
3. As recommendations 1 and 2 above were agreed, confirmed the revised Joint Committee and Delegation Agreement attached in Annex A to the report.
4. Delegated to the Managing Director of oneSource in consultation with the Cabinet Member for Value, all further actions and decisions required to finalise the revised Joint Committee Agreement.
5. Noted:
a) That further negotiations were taking place for additional services to be added to oneSource
b) That the revised Distribution Formula attached as Schedule D to the Agreement with the recalculation of the funding agreement percentages were to be finalised as soon as practicable in the next financial year after the final budgets were known for each Joint Committee member.