Issue - meetings

Report of the Service Manager Economic Growth and Regeneration.

The Service Manager Economic Growth and Regeneration introduced a report, which had been circulated in advance of the meeting, updating on the progress of the Carlton Square Improvement scheme and seeking approval for further progression of the project.

RESOLVED to:

1)    Thank officers for the recommendations and the work done so far in engaging with businesses;

2)    Approve the final scheme of improvement works for Carlton Square car park as shown at Appendix 4 to the report;

3)    Authorise the Chief Executive to submit an application for planning permission for the approved scheme at Carlton Square car park;

4)    Delegate authority to the Service Manager of Economic Growth and Regeneration to make any minor amendments to the approved scheme as required during the planning application process;

5)    Approve the decrease in the total project budget from £600,000 to £450,000 to reflect that the Council is only delivering part of the overall comprehensive scheme in its ownership;

6)    Delegate authority to the Director of Organisational Development and Democratic Services to negotiate and enter into a legal agreement with BNP Paribas for the comprehensive development of Carlton Square, subject to the grant of planning permission and external funding being secured by the Council;

7)    Approve an additional and separate capital budget of £25,000 for the improvement works to the proposed service yard to be funded by a contribution from the Economic Development Reserve; and

8)    Note the progress to date, as set out in the report, and the intention to apply for funding for the works from the D2N2 LEP N2TC fund.