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Joint Strategic Sub-Committee (Worthing) - Thursday, 14th March, 2024 6.30 pm

March 14, 2024 View on council website Watch video of meeting Read transcript (Professional subscription required)

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“How much will Teville Gate's sale reduce borrowing?”

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Summary

The Worthing Joint Strategic Subcommittee convened to discuss and make decisions on several strategic issues, including property developments and community initiatives. Key decisions were made regarding the redevelopment of Teville Gate, Union Place, and the sale of industrial land, alongside the approval of a selective licensing scheme for housing and a successful bid for a public sector decarbonisation scheme.

  1. Teville Gate Redevelopment:

    • Decision: Approved the sale of Teville Gate to Homes England.
    • Arguments: Homes England's offer was seen as a pivotal opportunity to transform the site, promising a substantial financial return and community benefits, including affordable housing and public spaces.
    • Implications: Expected to revitalize a long-neglected area, providing economic uplift and enhanced community facilities.
  2. Union Place Joint Venture:

    • Decision: Progressed the joint venture with Roffey Homes to redevelop Union Place.
    • Arguments: The joint venture aims to deliver new homes and commercial spaces, enhancing the civic quarter. The partnership with Roffey Homes was deemed beneficial for achieving these goals.
    • Implications: The redevelopment is anticipated to boost local economy and provide much-needed housing, aligning with the council's regeneration goals.
  3. Sale of Industrial Land:

    • Decision: Authorized the sale of specific industrial land parcels to existing tenants.
    • Arguments: The sale was justified by the potential to reduce future borrowing costs significantly, outweighing the loss of annual rental income.
    • Implications: This decision is part of a broader strategy to rationalize council assets, aiming to alleviate financial pressures without compromising key community assets.
  4. Selective Licensing Scheme for Housing:

    • Decision: Approved to commence public consultation on a selective licensing scheme for private housing.
    • Arguments: The scheme is intended to improve housing standards in areas with high deprivation and poor housing conditions.
    • Implications: Could lead to enhanced living conditions for tenants and potentially reduce issues related to substandard housing.
  5. Public Sector Decarbonisation Scheme:

    • Decision: Accepted additional funding for the decarbonisation scheme, extending its benefits to additional council and community buildings.
    • Arguments: The funding supports the council's climate goals by reducing carbon emissions through updated heating systems and other energy-efficient measures.
    • Implications: Helps the council progress towards its net-zero targets, with significant annual carbon savings expected.

Interesting Event:

  • The meeting acknowledged the retirement of a key council director, celebrating his contributions, particularly in relation to the Teville Gate project, marking a significant moment of transition for the council's leadership in strategic projects.

Attendees

Profile image for CouncillorCaroline Baxter
Councillor Caroline Baxter Labour • Central Ward
Profile image for CouncillorSophie Cox
Councillor Sophie Cox Leader of the Council • Labour • Castle Ward
Profile image for CouncillorRita Garner
Councillor Rita Garner Labour • Tarring Ward
Profile image for CouncillorJohn Turley
Councillor John Turley Labour • Gaisford Ward
Profile image for CouncillorCarl Walker
Councillor Carl Walker Worthing Community Independents • Selden Ward
Profile image for CouncillorVicki Wells
Councillor Vicki Wells Labour • Marine Ward, Worthing
Profile image for CouncillorRosey Whorlow
Councillor Rosey Whorlow Labour • Central Ward

Topics

No topics have been identified for this meeting yet.

Meeting Documents

Agenda

2024.03.14 - WJSSC - agenda item 7 - CIL Neighbourhood Fund
2024.03.14 - WJSSC - agenda item x - 3rd Q capital monitoring
Agenda frontsheet 14th-Mar-2024 18.30 Joint Strategic Sub-Committee Worthing
2024.03.14 - WJSSC - agenda item 8 - CIL Infrastructure Investment Plan 2023-2026
2024.03.14 - WJSSC - Agenda item 6 - WTAM Bus Plan
2024.03.14 - WJSSC - Agenda item 10 - Teville Gate
2024.03.14 - WJSSC - agenda item 11 - Selective Licensing Scheme for Private Rented Properties in W
2024.03.14 - WJSSC agenda item 12 - Public Sector Decarbonisation Funding
2024.03.14 - WJSSC - Agenda item 13 - Union Place Proposed Joint Venture
2024.03.14 - WJSSC - agenda item 14 - Proposed Sale of Industrical Land

Reports Pack

Public reports pack 14th-Mar-2024 18.30 Joint Strategic Sub-Committee Worthing

Additional Documents

Draft Update Report on CIL N. Fund 2023 into 2024 - March WSSJC
Printed minutes 14th-Mar-2024 18.30 Joint Strategic Sub-Committee Worthing
Infrastructure Investment Plan 2023-26.docx
W CIL NF Report