Content

To move £100,000 from the provisional
capital programme to the approved capital programme.
The Council has conditionally contracted to sell 3 sites within the
North Street regeneration area to St Edward Homes. In order to
comply with contractual arrangements the Council need to continue
with the appointment of various consultants. The current work
includes,
• Working with the developer on design aspects of the
scheme.
• Rationalising contractual matters
• Relocation of the North Street Market/Planning
• Arranging phased vacant possession.
• Moving Taxi Ranks.

The budget is required to fund officers’ time and
consultants’ time dealing with these matters.

Reasons for the decision

Without a budget to pay for officers’
time and consultant time the Council is likely to fail to meet its
contractual obligations in respect of the North Street
Regeneration.

Alternative options considered

None.