Purpose

This report updates cabinet and seeks approval
of the outline business case and other key decisions outlining the
delivery of Richard Stannard House

Content

RESOLVED
that:-
 
In
relation to NCC as the Accountable Body for the Levelling Up Deep
Dive funding:
 
(a )     Cabinet endorse the principles
of the Outline Business Case, as set out in the report, and
delegate approval of the OBC to the Executive Director of Place and
Regeneration following consideration of the detail at Regeneration
Programme Board;
 
(b )     authority be delegated to the
Executive Director of Place and Regeneration to approve the Full
Business Case subject to consideration of the recommendation by the
Programme Board and to report any additional subsequent capital
implications to Cabinet via the Capital Strategy Group, for
inclusion in the Capital Programme;
 
(c )     Cabinet approve a total
reallocated budget of £3.534 million (£0.371 million in
2024-25 and £3.163 million in 2025-26) from the Levelling Up
Deep Dive Housing Renewal and Town Centre Living project to the
Richard Stannard House Conversion from the Energising Blyth NCC
Budget which is included in the Medium-Term Financial Plan;
and
 
(d )     subject to paragraph (b) and (c)
above and subsidy control compliance,  authority be delegated to the Executive Director of
Place and Regeneration and Executive Director of Transformation and
Resources to authorise by NCC as accountable body to enter into a
grant funding agreement (GFA) with ANCL the sum
£3,388,580.