Funnily enough the Observer doesn't appear to have put it online, Bernard.
However, last week's edition ran a story on page 17 about the Leader's Policy Development meeting on September 22nd. The original version of the minutes stated that the Leader had asked for parachute payments to be considered for Mayors, Leaders or Executives to recognise their short-term financial hardships on losing their positions.
The online minutes can be found here:
http://www.hyndburnbc.gov.uk/downloa...ins_220910.pdf
Point 5 is where you need to be looking, although they don't look very revised to me.