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RESOLVED: That Council:

(1)  
Supported and endorsed the Churchgate Project Board recommendation
to discount Option 4 due to it not being financially viable and
undertake further work to develop a proposal based upon
‘Option 3’, which includes by default, Options 1 and
2.

(2)  
Supported and endorsed the five ‘Development
Principles’ that are set out in paragraph 8.5.
 

(3)  
Members approved additional funding for a specialist Project
Manager of £120k as set out at 8.13, as this was not
identified as part of the 25/26 budget setting process.

 
REASON FOR
DECISIONS: Using the knowledge collated from the public
consultation and the technical due diligence carried out by Lambert
Smith Hampton (LSH), there are various ways that the site (also
known as the Churchgate Regeneration Zone) could be developed.
However, for the Council to move forward it is important that the
various options are narrowed down according to feasibility. This
recommendation allows the Council to proceed with the option that
is more likely to succeed based on the evidence.