Agenda and minutes

None received.

RESOLVED:

That the minutes of the above meeting, having been circulated, be approved as a correct record.

None.

The Service Manager Economic Growth and Regeneration introduced a report which had been circulated in advance of the meeting, updating members on the progress of the Arnold Market Place redevelopment project as well as seeking delegated authority to enable the project to be progressed.

RESOLVED to:

1)    Approve the final redevelopment scheme for Arnold Market Place as shown at Appendix B to the report, subject to budget approval and any necessary planning permissions being obtained;

2)    Delegate authority to the Chief Executive, in consultation with the Leader of the Council, to submit an application for planning permission for the approved scheme at Arnold Market Place;

3)    Delegate authority to the Service Manager for Economic Growth and Regeneration to make any minor amendments to the approved scheme, in consultation with the Leader of the Council and Portfolio Holder for Growth and Regeneration, as required during the planning application process;

4)    Recommend to Council the establishment of the additional capital budget of £1,566,700 as an addition to the 2021/22 capital programme for the redevelopment of the Arnold Market Place funded by:

a)    £255,000 from the earmarked Business Rates Pool Revenue Reserve which is set aside for investment in economic regeneration projects; and

b)    £1,311,700 to be financed by prudential borrowing;

5)    Approve the use of the earmarked Economic Development Reserve to fund the estimated year 1 revenue subsidy of the scheme of £126,500, as detailed in paragraph 4.3.8 of the report;

6)    Agree the amendment to the Prudential Indicators for 2021/22 as detailed in Appendix E and refer it to Council for approval; and

7)    Note the progress to date, as set out in the report, and the intention to meet the funder’s requirements for the land purchase from the D2N2 LEP N2TC fund.

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, seeking approval to establish the budget and associated permissions for the re-opening high street safely project across the Borough’s town and local centres.

RESOLVED to:

1)    Approve the budget of £105,213 for the re-opening high street safely project, to be fully funded from the European Regional Development Fund grant; and

2)    Delegate authority to the Service Manager for Economic Growth and Regeneration to implement the associated action plan, at Appendix A to the report, subject to any necessary approvals or consents being obtained to enable implementation.

Report of the Assistant Director – Finance.

The Assistant Director Finance introduced a report, which had been circulated prior to the meeting informing Members of performance monitoring of the 2020/21 Prudential Code Indicators, and advising members of the quarterly treasury activity as required by the Treasury Management Strategy.

RESOLVED to:

Note the report, together with the Treasury Activity Report 2020/21 for Quarter 1 at Appendix 1 to the report, and the Prudential and Treasury Indicator Monitoring 2020/21 for Quarter 1, at Appendix 2 to the report.

Report of the Senior Leadership Team.

The Assistant Director Finance introduced a report, which had been circulated in advance of the meeting, updating Members on the forecast outturn for Revenue and Capital Budgets for 2020/21 as well as seeking approval for budget virements set out in the report.

RESOLVED to:

1)    Approve the General Fund Budget virements set out in Appendix 1 to the report; and

2)    Note the use of reserves and funds during quarter one as detailed in Appendix 2 to the report.

Report of the Senior Leadership Team.

The Director of Organisational Development and Democratic Services introduced a report, which had been circulated in advance of the meeting, summarising performance against the Gedling Plan for the 1^st quarter of 2020/21

RESOLVED to:

Note progress against Improvement Actions and Performance Indicators in the 2020-23 Gedling Plan as at the end of quarter 1 for 2020/21.

Report of the Senior Leadership Team.

The Chief Executive introduced a report updating Members on the review of the Gedling Plan 2020-23 seeking approval for a number of amendments.

RESOLVED to:

1)    Note the review of the Gedling Plan 2020-23;

2)    Approve amendments to actions as set out in the report be; and

3)    Approve amendments to performance indicators as set out at Appendix 1 to the report.

Report of the Director of Organisational Development and Democratic Services.

The Director of Organisational Development and Democratic Services introduced a report, which had been circulated in advance of the meeting, presenting the Senior Information Risk Owner Annual report 2019/20.

RESOLVED:

To note the annual report of the Senior Information Risk Owner 2019/20.

Report of the Service Manager Democratic Services.

Consideration was given to a report of the Service Manager, Democratic Services, which had been circulated prior to the meeting, detailing the Executive’s draft Forward Plan for the next four month period.

Following a question from the Leader, the Chief Executive advised that the former disused mineral railway line between Netherfield and Gedling Country Park was still the subject of exploratory work to assess whether it could be brought back into use. This would be the subject of a future report to Cabinet.

RESOLVED:

To note the report.

None.