Decision Maker: Mayor and Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: January 29, 2025

Purpose:

Content: It was MOVED, SECONDED and RESOLVED:       i.                  To note the history of the development of a new build scheme on the sites at Willow Way and Parker House.    ii.                  To note the negotiations between officers and the developers/owners of the sites at Willow Way and Parker House.   iii.                  To note the positive outcomes sought for the Council in the proposed partnership working with the developers/owners of the sites at Willow Way and Parker House.  iv.                  To approve the Budget set out in the Part 2 report.    v.                  To approve the proposed funding strategy and financial model.  vi.                  To delegate authority to the Executive Director of Place in consultation with the Executive Director for Corporate Resources and the Director for Law and Governance to approve that the terms of and the grant agreement be entered into as part of the funding strategy. vii.                  To delegate authority to the Executive Director of Place to approve the final terms of and execute the land sales/development agreement in consultation with the Cabinet Member for Inclusive Regeneration and Planning, the Executive Director for Finance, Digital and Corporate Resources and the Director for Law and Governance on the basis of the principles set out in the report.