Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: October 14, 2025

Purpose:

Content: That Cabinet:   a)         note the updates associated with the Towns Deal projects, including the revised scheme name of the ‘Local Regeneration Fund’, as detailed in 1.3 of this report;   b)         approve an additional revenue budget of £40,000 funded by the Change Management Reserve, towards the design phase of the Newark Market Place improvement scheme (Newark Cultural Heart), as detailed in paragraph 2.10 of this report; and   c)          approves delegated authority for the Deputy Chief Executive / Director – Resources in consultation with Council’s Director - Planning & Growth, for the Council to enter into a varied or new lease agreement via a surrender and regrant with Newark Town Council, as detailed in paragraph 2.14 of the report.