Purpose

The report will provide a
programme/budget update on the Reimagining Newhaven project,
centred around the redevelopment of the Former Co-op and Peacocks
units in Newhaven Square.

Content

(Key
decision):
 
(1) To approve the Newhaven
Square – Health & Wellbeing Hub scheme financial
appraisal and business case in accordance with Appendix
1
(Exempt) to the report, forming
part of the Reimagining Newhaven programme.
 
(2) To delegate authority to
the Assistant Director – Property and Development, in
consultation with the Director of Finance and Performance (S151
Officer) and the Lead Member for Finance, Assets and Community
Wealth Building, to make an allocation within the General Fund
Capital Programme and to take all necessary actions to deliver the
project, including determining, executing and completing all
leases, contracts, and all other related documentation.