REGENERATION PROGRAMME UPDATE AND SG1 PROGRAMME IMPLEMENTATION
To consider financial recommendations in respect of a proposal to create a Joint Venture structure to deliver the first project (Plot A Swingate House) of the SG1 regeneration scheme.
Additional documents:
Decision:
The Council considered a Part II report in respect of an update on the Regeneration Programme and implementation of the SG1 report.
In response to comments made by Members regarding the financing of the proposed Joint Venture for development of Plot A (former Swingate Car Park) of the SG1 scheme, and associated risk mitigation measures, it was agreed that a presentation on this matter would be given in the Part II element of the Overview & Scrutiny Committee meeting to be held on 24 July 2023. If required, an All-Member presentation regarding the matter could also be provided.
It was RESOLVED that, subject to consideration by the Overview & Scrutiny Committee, the recommendations set out in the report be approved.
Minutes:
The Council considered a Part II report in respect of an update on the Regeneration Programme and implementation of the SG1 report.
In response to comments made by Members regarding the financing of the proposed Joint Venture for development of Plot A (former Swingate Car Park) of the SG1 scheme, and associated risk mitigation measures, it was agreed that a presentation on this matter would be given in the Part II element of the Overview & Scrutiny Committee meeting to be held on 24 July 2023. If required, an All-Member presentation regarding the matter could also be provided.
It was RESOLVED that, subject to consideration by the Overview & Scrutiny Committee, the recommendations set out in the report be approved.