Meridian Water Update
February 25, 2026 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...approved the budget of £1.5m for the purchase and adaptation of a property to be used as a complex care home, with 50% funded by borrowing and 50% by a DfE grant, and delegated authority for the purchase, adaptation, and procurement of care services.
Full council record
Purpose
Meridian Water Update
Decision
DECISION: The Cabinet agreed to:
I.
Note and agree in principle, and subject to the outcome of market
testing the potential focus for Meridian Water, as set out in
section 15 of this report.
II.
Approve the marketing of Phase 2 North, Phase 2 South and Phase 3
North, as shown edged in red on the attached plan.
III.
Note that there will be a further report to Cabinet seeking
approval for any disposals or other arrangements and associated
terms once a purchaser has been identified.
IV.
Approve the fee budget of up to £826,000 plus vat for the
appointment of consultants for environmental, engineering,
planning, legal advice, development consultancy and agency services
to support the selection of strategic development partners.
Related Meeting
Cabinet - Wednesday, 25th February, 2026 7.00 pm on February 25, 2026
Details
| Outcome | Recommendations Approved |
| Decision date | 25 Feb 2026 |
| Subject to call-in | Yes |