Decision details

It was RESOLVED that:

a)    the row of shops including units 1 – 4c be demolished once the Council has achieved vacant possession.

b)    the capital programme be amended and the £387,000 underspend from the Land North of Bingham budget from 2017/18 be reallocated to cover additional costs associated with securing the vacant possession and demolition of units 1 – 4c and bringing forward Phase 2.

c)     Officers undertake detailed work on the investment opportunity for Rushcliffe Borough Council to develop the area of the shopping centre shown as Phase 2 in Appendix A.

d)    Concurrently, the Phase 2 area is red-lined and marketed  to ascertain levels of private sector interest which could result in a capital receipt for th e Council.

e)    a report be brought back to Cabinet later this year to detail the results of resolution c) and d)