Local Regeneration Fund Update (Key Decision)
June 9, 2026 Cabinet (Cabinet collective) Key decision Approved View on council websiteFull 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
Details
| Outcome | Recommendations Approved |
| Decision date | 9 Jun 2026 |
| Effective from | 16 Jun 2026 |
| Expected date | 9 Jun 2026 |
| Originally due | 9 Jun 2026 |
| Lead officer | Sarah Husselbee |
| Subject to call-in | Yes |