Decision

Salford City Council - Record of Decision

I Councillor Jack Youd, Deputy City Mayor and Lead Member for Finance, Support Services and Regeneration in exercise of the powers contained within the City Council Constitution do hereby approve the proposed allocation from the Strategic Acquisition Fund (Invest to Save) capital budget to support the strategic site assembly programme at Crescent Innovation:

The Reasons are: In March 2020 the City Council and University of Salford appointed English Cities Fund (ECF) a joint venture between Homes England, Legal and General and Muse as Private Sector Partner to deliver the Crescent Masterplan. 

The approvals now being sought are to allocate funding from the Strategic Acquisition Fund capital budget to support the site assembly process  The Council’s funding will be fully repayable by ECF and will be contractual protected. It will complement significant acquisition funding committed by ECF and enable proactive engagement with third party land owner to commence and allow for the project to progress

Options considered and rejected were: Take no action

Assessment of Risk: Low

The source of funding is: The Council’s funding will be fully repayable by ECF and will be contractual protected

Legal Advice obtained: Gaynor Corfe, Shared Legal Service

Financial Advice obtained: Grace Rogerson, Capital Finance Manager

Procurement Advice obtained: n/a

HR Advice obtained: n/a

Climate Change Advice obtained: n/a

The following documents have been used to assist the decision process: Public/briefing report submitted to Property/Regeneration Briefing on 26th January 2026

Contact Officer:  Andrew Cartwright, Head of Strategic Delivery (Property Services)                                

Telephone number: 0161 779 6074

-       This decision is not subject to consideration by another Lead Member.

-       The appropriate scrutiny to call-in the decision is the Growth and Prosperity Scrutiny Panel                       

Signed: Councillor Jack Youd

Deputy City Mayor and Lead Member for Finance, Support Services and Regeneration

Dated: 26th January 2026  

This decision was published on Monday 26th January 2026                                            

This decision will come in force at 4.00 p.m. on Monday 2nd February 202 unless it is called-in in accordance with the Decision Making Process Rules.