Issue - meetings

Note - Essential Reference Paper ‘E’ contains exempt information as defined by paragraph 3 of Part I of Schedule 12A to the Local Government Act 1972 and has, therefore, been withheld from the press and public. 

That (A) the revised governance structure, including the establishment of a Board to oversee the Old River Lane Project be approved and the allocation of Board membership be delegated to the Leader of the Council and lead Director; and

(B)     the initial indicative budget requirements of £450k be approved.

The Executive Member for Economic Development submitted a report seeking approval for the initial indicative costing to commence the development of the Old River Lane Site and to confirm board and accountability arrangements.

The Leader advised that should it be necessary, the press and public could be excluded from the meeting, if Members wished to make any detailed reference to Essential Reference Paper ‘E’.

In response to questions, the lead Director advised on the outline timescales for the project.  She emphasised that in view of ongoing negotiations with different landowners, some dates were less firm but it was anticipated that the build out would be by 2023.  The Leader added that it was important to take care with the project and to get it right so that residents could look forward to a high quality development that was appropriate.

The Executive approved the proposals as now detailed.

RESOLVED - that (A) the revised governance structure, including the establishment of a Board to oversee the Old River Lane Project be approved and the allocation of Board membership be delegated to the Leader of the Council and lead Director; and

(B)      the initial indicative budget requirements of £450k be approved.