Local Regeneration Fund Update (Key Decision)

June 9, 2026 Cabinet (Cabinet collective) Key decision Approved View on council website
Full council record

Decision

That Cabinet:

a)     note the updates associated with the LRF projects, as detailed throughout this report;

Stodman Street Re-Development

b)     approve a revenue budget from the Change Management Reserve as detailed in the exempt appendix to the report;

Castle Gatehouse

c)     approve an additional capital budget of up to £1,500,000, funded by the Change Management Reserve, as detailed in section 1.5 of the report; and

Ollerton Regeneration

d)     agree to commit £500,000 capital monies (fully funded by the LRF grant and NSDC committed Reserves) within the existing approved programme and add this to the proposed capital budget for 2026/27 to progress essential enabling works ahead of the completion of legal agreements and confirmation of planning consent, as set out in section 1.7 of the report.

Related Meeting

Cabinet - Tuesday, 9 June 2026 - 6.00 pm on June 9, 2026

Supporting Documents

09.06.26 - Local Regenation Fund Update.pdf

Details

OutcomeRecommendations Approved
Decision date9 Jun 2026
Effective from16 Jun 2026
Expected date9 Jun 2026
Originally due9 Jun 2026
Lead officerSarah Husselbee
Subject to call-inYes