Purpose

To seek Cabinet approval to move forward to
the next stages with a regeneration partnership with Capital and
Centric (C&C) relating to sites within the Market Towns.

Decision

The Cabinet has
 
(a) 
supported officers identifying and working up proposals for
regeneration opportunities in the Market Towns, which could be
brought forward for development in conjunction with C&C as a
private sector partner – noting the benefits of the C&C
operating model as listed within the appendix to the report;
 
(b) 
endorsed the principle of working with C&C as a partner to
develop and potentially deliver identified proposals – noting
the appointment via a Direct Award from the ‘Bloom’
Framework – and noting the advice of the Corporate Director
of Finance and Resources (S151) that there are sufficient funds
available to facilitate the identified works;
 
(c) 
endorsed officers proceeding to undertake engagement with
stakeholders relating to any identified opportunities and potential
developments as part of business case development; and
 
 
(d) 
supported the principle of officers engaging in efforts to acquire
land and buildings in connection with the principle of regeneration
in the Market Towns, where this would align with the principles of
delivering economic or housing led regeneration. 
 

Reasons for the decision

The delivery of this project will support the
Council’s aims under the Priority 2 of the Corporate Plan, as
well as wider objectives as set out in the report.
 

Alternative options considered

N/A