1. That the Council enter into the Land Pooling Agreement with Trafford Housing Trust (THT).

2. That the Corporate Director for Economic Growth and Prosperity, in consultation with the Director of Legal and Democratic Services and Director of Finance, be authorised to finalise the detailed negotiation and drafting together with completion of the Land Pooling Agreement.

3. That the existing Old Trafford Masterplan (OTMP) Board be formally established and authorised to oversee the general management and operation of the Land Pooling Agreement.  The Board will be responsible for any associated dealings with the Council’s land interests forming part of the Land Pool on behalf of the Council and is further authorised to delegate any management or operational function to not less than one officer of both the Council and THT to exercise it jointly if the Board deems it both necessary and appropriate to delegate the function.