That the following be approved:
1) a new boxing fitness hub based in a first floor unit in Peach Place, Wokingham. This is to be managed by WBC Sport and Leisure Team and approval for all associated fees and charges to be agreed for the hub as set in Schedule 1;
2) the borrowing of £630k for the hub which will be funded by income from the activities, resulting in a surplus after all costs on average of £80k p.a.;
3) a new 3G pitch and additional car parking located at Laurel Park, subject to funding and planning, and borrowing of £300k to be self-financed by the project.