Decision details

RESOLVED: That Cabinet;

a)    Noted the work to date in securing the land, gaining necessary planning approval and bringing the project to the on-site delivery stage.

b)    Authorised the appointment of Jeakins Weir Limited as principal contractor to undertake the construction works as defined by the construction information that has been developed by the Regeneration Team (a summary of the works is in this report). The contractor had already completed pre-construction services to the council including design, feasibility, and pricing to date, and are being procured through the Scape construction Framework.

c)    Noted the saving to the revenue budget of approximately £29,500. This saving was made mainly due to the reduction in National Non-Domestic Rates (NNDR or known as ‘business rates’) that will be liable across the site with the demolition of the former Co-op unit.

REASONS RESOLVED:

The recommendations establish financial and requisite authorities so that the Sponne Arcade short stay car park redevelopment could proceed.

ALTERNATIVE OPTIONS:

To leave the area as it currently stands, incur the annual charges and do nothing – this could have a reputational impact on the council through investing in the site and not delivering on its vision to improve the area as referred in the design and access statement of the approved planning

application.